# Swegon acquires Klimax AS, a Norwegian HVAC distributor

Swegon Group AB, a subsidiary of Investment AB Latour, acquired Klimax AS, a distributor of chillers and heat pumps in Norway. Klimax had 12 employees and net sales of approximately NOK 66 million in 2018.

- Type: Acquisition
- Announced: 2019-08-13
- Where: Norway
- Status: announced
- Products: chillers, heat pumps, HVAC products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Swegon](https://endata.com/companies/16491.md) (acquirer)
- [Klimax AS](https://endata.com/companies/41316.md) (target)
- [Investment AB Latour](https://endata.com/companies/41317.md) (investor)

## Sources

- [news.cision.com](https://news.cision.com/investment-ab-latour/r/swegon-acquires-klimax-as--a-leading-distributor-of-chillers-and-heat-pumps,c2880058), 2019-08-13: "Swegon acquires Klimax AS, a leading distributor of products for heating and cooling of indoor climate in Norway."

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