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The latest announcement is out from Systemair AB ( (SE:SYSR) ).
Systemair AB has signed an agreement to acquire NADI Airtechnics Ltd., a leading Indian manufacturer of industrial fans. This acquisition will enhance Systemair’s industrial fan capabilities and expand its presence in India, a key growth market. NADI, known for its high-performance fans and blowers, will provide Systemair with a competitive edge in the industrial and railway segments. The acquisition is expected to strengthen Systemair’s market position and open opportunities for growth in Europe and the US.
The most recent analyst rating on (SE:SYSR) stock is a Buy with a SEK98.00 price target. To see the full list of analyst forecasts on Systemair AB stock, see the SE:SYSR Stock Forecast page.
More about Systemair AB
Systemair is a leading ventilation company with operations in 51 countries across Europe, North America, the Middle East, Asia, Australia, and Africa. It reported sales of SEK 12.3 billion in the 2024/25 financial year and employs approximately 6,700 people. Systemair is known for its energy-efficient products that improve indoor climates and reduce carbon dioxide emissions. The company has a strong presence in growth markets and its products are marketed under brands like Systemair, Frico, Fantech, and Menerga. Systemair shares are traded on the Nasdaq OMX Nordic Exchange in Stockholm.
Average Trading Volume: 139,753
Current Market Cap: SEK18.76B
For a thorough assessment of SYSR stock, go to TipRanks’ Stock Analysis page.