# Systemair acquires SagiCofim for €33.6M

Systemair AB acquired all shares in Italian company SagiCofim S.p.A. for €33.6 million on a debt and cash free basis. SagiCofim manufactures high-efficiency air filters and air distribution products, with 2021 sales of about €36 million.

- Type: Acquisition
- Announced: 2022-04-07
- Where: Cernusco sul Naviglio, Milan, Italy
- Value: $37.0M (33.6M EUR)
- Status: announced
- Products: HEPA air filters, ULPA air filters, air distribution products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Systemair](https://endata.com/companies/7886.md) (acquirer)
- [SagiCofim](https://endata.com/companies/62167.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2022/04/07/2418140/0/en/Systemair-acquires-SagiCofim-S-p-A.html), 2022-04-07: "Systemair has acquired all shares in the Italian company SagiCofim S.p.A."

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