Loading…
Airvance Group has signed a strategic agreement to acquire Saint-Gobain's HVAC distribution activities in Sweden, Norway and Denmark, including entities Bevego, Ventistål and Øland AIRFORCE. The transaction is expected to close by end of May 2026.
Airvance Group has acquired UltimAir, a Dutch distributor of HVAC solutions, from Swegon Group AB. The transaction was finalized on March 31, 2026, and strengthens Airvance's presence in the Benelux region.
Airvance Group signed an agreement to acquire a majority stake in IPK, an Austrian distributor of air/air and air/water heat pump systems. The founding family will retain a minority stake.