The company was founded in 1974 with a pioneering idea in developing and introducing the circular in line centrifugal duct fan which has simplified ventilation systems. Our motto “The straight way”, has now extended from a product concept to a business philosophy. Our range has grown substantially to include fans, heat and energy recovery ventilators, air curtains, heating products and air cooling equipment.
Operating from the core values of simplicity and reliability, our business concept is to develop, manufacture and market high-quality ventilation products. On the basis of our business concept and with our customers in focus, our aim is to be seen as a company to rely on, with the emphasis on delivery reliability, availability and quality
Our company has reported an operating profit annually since it’s inception and continues to do so. Our average annual growth over the past 10 years in net sales has been 15 percent. We have never been afraid to invest in product development and to grow both organically and through acquisition - it is an important part of our success and ensures our long-term competitiveness.
- Sales of 800 Million USD in financial year 2016/17
- Founded 1974 by Chairman of the Board Gerald Engström
- Subsidiaries in 50 countries in Europe, North & South America, Middle East, Asia, Africa
- 24 factories with a total warehouse and manufacturing floor space of more than 3,000,000 ft2.
- Highest available credit rating (AAA)
- Listed on the NASDAQ OMX Nordic Exchange
- The Group includes about 66 companies with 5,200 employees