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Systemair agreed to acquire the Airwell factory in Milan, Italy, which manufactures chillers for comfort cooling. The factory has 155 employees and an estimated turnover of around EUR 24 million for 2011. Closing is expected in January 2012.
“The acquisition will strengthen us considerably in our sales of air handling units where cooling is included to create a good indoor climate.”manufacturing-journal.net
Summarized from public sources; check the original articles before acting on it.