18 July 2022 · News

Giroventilation AB acquired by Lindab

Moll Wendén has acted as legal advisor to Lindab in its acquisition of Giroventilation AB. With the acquisition, Lindab strengthens both sales and production of rectangular ventilation ducts.

Girovent has been a well-established manufacturer of rectangular ventilation ducts since the 1980s. Lindab manufactures rectangular ventilation ducts in the region through Crenna, which Lindab acquired in 2020. Girovent will be able to take advantage of Crenna’s production facilities to scale up its operations. The company is based in Huddinge outside of Stockholm, has annual sales of approximately SEK 55 million and 31 employees.

For more information, please see Lindab’s press release here.

Moll Wendén’s team consisted of Mikael Karlsson (responsible partner), Alexandra Johansson (project manager), John Lundberg, Ebba Walberg Snygg and Andrea Gicic.