# Systemair acquires Canadian manufacturer Greentek

Systemair AB has acquired Greentek, a Canadian manufacturer of residential air handling units with heat recovery, from Imperial Manufacturing Group Inc. The closing is scheduled for September 4, 2018.

- Type: Acquisition
- Announced: 2018-08-24
- Where: Moncton, New Brunswick, Canada
- Status: announced
- Products: residential air handling units with heat recovery
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Systemair](https://endata.com/companies/7886.md) (acquirer)
- [Greentek](https://endata.com/companies/33922.md) (target)
- [Imperial Manufacturing Group](https://endata.com/companies/33923.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/systemair-ab/r/systemair-acquires-canadian-manufacturer-of-residential-air-handling-units,c3730950), 2018-08-24: "This acquisition gives us a strengthened market position in North America and a possibility to coordinate our activities in Canada."

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