# Systemair acquires 60% of Tempus Heat in Denmark

Systemair AB acquired 60 percent of Danish sales company Tempus Heat A/S, a distributor of Frico heating products, for an undisclosed amount. The company will be renamed Frico A/S.

- Type: Acquisition
- Announced: 2020-03-02
- Where: Horsens, Denmark, Denmark
- Status: completed
- Products: heating products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Systemair](https://endata.com/companies/7886.md) (acquirer)
- [Tempus Heat](https://endata.com/companies/45619.md) (target)

## Sources

- [group.systemair.com](https://group.systemair.com/news/press-releases/2020/systemair-acquires-distributor-in-denmark/), 2020-03-02: "We see good opportunities to increase our market shares for Frico in Denmark."

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