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Systemair AB has agreed to acquire Tecnair Lv SpA from LU-VE S.p.A. and the Monti family for €15 million on a debt-free basis. Systemair will acquire 80% from LU-VE and 20% from the Monti family.
Leminar Global has entered into an agreement with Italian manufacturer Tecnair LV S.p.A. to distribute Closed Control Units in the UAE, Oman, Kuwait and Qatar.