The requirements for fire and smoke protection in ventilation systems are becoming higher. Ekovent develops quality products and has a sales force with high technical competence that has built close relationships with prescribers, contractors and installers. Lindab intends to further develop Ekovent’s operations and sales in Sweden and the Nordic region. Ekovent mainly manufactures products for fire & smoke protection but also offers other ventilation products such as roof hoods, louvres, dampers and fans.
“Ekovent has a high level of expertise in ventilation solutions and fire & smoke protection, which are priority areas for Lindab. They think long-term, with a focus on quality and customer value. This is fully in line with Lindab's philosophy. The acquisition complements Lindab on many levels. We look forward to continuing to develop Ekovent's business, with joint efforts”, says Ola Ringdahl, President and CEO of Lindab Group.
Ekovent was founded in 1972 and is a family business in the second generation. The company has its head office and two production facilities in Vellinge, outside of Malmö, as well as sales offices in Stockholm and Gothenburg. In Vellinge, Ekovent also has a development centre with an advanced test lab.
Michael Wahlgren, CEO and owner of Ekovent, and Monica Grube, owner of Ekovent: “Together with all employees, Ekovent has diligently built a strong position in the ventilation industry in Sweden. We are happy that Ekovent can continue to develop as part of Lindab. We agree on the importance of putting the customer in focus and having a high level of technical competence within the company. Ekovent and Lindab are entering a new exciting phase.”
Ekovent had sales of approximately SEK 123 m in 2019 with an operating margin in line with Lindab's profitability. The company has 64 employees.
Read more about Ekovent on their website: https://www.ekovent.se/