# Armatec Finland acquires Termovent Finland business

Oy Armatec Finland Ab, a subsidiary of Ernströmgruppen AB, acquired the business of Termovent Finland Oy Ab, a sales company in the HVAC sector. The asset acquisition is effective from September 1, 2021.

- Type: Acquisition
- Announced: 2021-09-01
- Where: Finland
- Status: completed
- Products: HVAC products, industrial valves, pressure relief valves
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Ernstromgruppen](https://endata.com/companies/2005.md) (partner)
- [Oy Armatec Finland Ab](https://endata.com/companies/57469.md) (acquirer)
- [Termovent Finland Oy Ab](https://endata.com/companies/57470.md) (target)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/se/ernstromgruppen/pressreleases/oy-armatec-finland-ab-subsidiary-to-ernstroemgruppen-ab-has-acquired-the-business-of-termovent-finland-oy-ab-3124995), 2021-09-01: "The strategic asset acquisition will expand our current HVAC product range enabling us to serve our customers in Finland even better."

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