# ETS NORD acquires Recair's ventilation business

ETS NORD acquired Recair Oy's ventilation equipment business, including about 45 employees, production organization, and the RECAIR brand. The deal was effective August 1, 2018, and production will remain in Vantaa, Finland.

- Type: Acquisition
- Announced: 2018-08-02
- Where: Vantaa, Finland, Finland
- Jobs: 45
- Status: completed
- Products: ventilation units, air handling units
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [ETS NORD](https://endata.com/companies/33511.md) (acquirer)
- [Recair Oy](https://endata.com/companies/33512.md) (target)

## Sources

- [talotekniikka-lehti.fi](https://talotekniikka-lehti.fi/ets-nord-ostaa-recairin/), 2018-08-02: "Kauppa antaa meille mahdollisuuden laajentaa tarjontaamme aivan uudentyyppisiin kohteisiin."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.