About Systemair
Systemair is a publicly listed company based in Skinnskatteberg (Sweden) founded in 1947. Sustainable HVAC products and systems are manufactured for various sectors. It operates in the Business Services and Energy & Utilities sectors. The company has 6,730 employees. Systemair has completed 13 acquisitions, including Alitis, Burda Worldwide Technologies and Frivent. Its chief executive, as recorded, is Roland Kasper. Its website systemair.com draws about 278 thousand monthly visits. Its Indian entity Systemair India Private Limited reported revenue of ₹372 Cr. Systemair offers products and services including Air Handling Units, Fans, Air Curtains, and Residential Ventilation Systems. Its focus areas include Energy Tech, Energy Efficiency Tech, Thermal Products and HVAC. Its competitors include NIBE Group, Aira and DREM; 2 of its 3 listed competitors have raised funding.
Company details
Systemair was founded in 1947 in Skinnskatteberg, Sweden, and operates as a manufacturer in the HVAC industry. A range of equipment, including fans, air handling units, air distribution products, and air conditioning systems, is designed and produced. These offerings serve commercial, industrial, residential, and infrastructure sectors. Emphasis is placed on energy efficiency and sustainable manufacturing. Services such as system start-up, maintenance, and repair are also provided.
- Headquarters Skinnskatteberg, Sweden
- Employees 6,730
- Stage Public
- SectorsBusiness ServicesEnergy & Utilities
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Email••••••••
- Phone•••• ••••
- Website systemair.com/en
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Systemair Ab
Associated legal entities of Systemair
Systemair operates through Systemair India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Systemair India Private Limited CIN U31908DL2007PTC164074 | Active | 29 May 2007 | New Delhi, Delhi | ₹372 Cr | 452 | 3 | View details |
Products & Services of Systemair
Systemair offers a comprehensive portfolio of products and services, including Air Handling Units, Fans, Air Curtains, and Residential Ventilation Systems.
Energy-optimized units for various building projects
Duct and axial fans for industrial and residential use
Devices to prevent air exchange in doorways
Systems for fresh air in apartments and homes
Apps and channels of Systemair
its YouTube channel Menerga GmbH has 175 subscribers and 18 videos.
Videos from Systemair
The most watched videos on Systemair's YouTube channel, Menerga GmbH (175 subscribers). Click a video to play it here.
More on Menerga GmbH.
Funding Insights of Systemair
- Total Rounds 1
- Last Round Debt – Venture — $6.14M
- First Round $6.14M
(Sep 2016)
- Investors Count 1
All 1 funding rounds of Systemair with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $6.14M | Debt – Venture | – | – |
1 investors in total: 1 institutional.
Investors in Systemair
Systemair has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EBRD.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate advisory services are provided across multiple sectors. | 1991 | ebrd.com | London, United Kingdom |
Investor details for Systemair
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Systemair India Private Limited (Systemair)
Systemair India Private Limited is the primary company behind Systemair. The board of Systemair India Private Limited currently have 2 directors; the longest-serving is Asokdas Mozhikunnam Damodaran, appointed in 2011. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Asokdas Mozhikunnam Damodaran DIN 03352522 | Director | 29 Sep 2011 | 15 yrs 1 mo | Systemair India Private Limited |
| Kurt Helmut Maurer DIN 02851508 | Director | 30 Aug 2019 | 7 yrs 2 mo | Systemair India Private Limited |
People of Systemair
23 people are tracked at Systemair (5 in leadership, 4 in board & advisors, 14 in team); the tracked headcount is 6,730.
| Name | Role | Group |
|---|---|---|
Roland Kasper | CEO | Leadership |
Jonathan F. | Director Of Sales/ Regional Sales Manager | Leadership |
Bruno Poitras | Director Of Business Development | Leadership |
Tracy Hall Shrm-Scp | Regional Human Resources Director, North America | Leadership |
Daniel Goulet | General Manager | Leadership |
Patrik Nolåker | Chair | Board & advisors |
Peter Fenkl | Director | Board & advisors |
Gerald Engström | Vice Chairman | Board & advisors |
Åsa Söderström Winberg | Director | Board & advisors |
Mario Lavoie | OEM Business Development Manager | Team |
Hugo Fernando Guarin Gomez | Sales Area Manager | Team |
Alexander Dunn | Senior Design And Manufacturing Engineer | Team |
Michel Landry | Supply Chain Manager | Team |
Gijo Mathew | Continuous Improvement Specialist | Team |
John Gramke | National Sales Manager Commercial HVAC / Car Park Ventilation | Team |
Mark Wald | National Sales Manager | Team |
Aaron Schwenker | Technical Writer | Team |
Erick Spencer | US Technical Support | US Warranty Administrator | Team |
Serge Hébert | Technical Manager | Team |
P.eng Sylvie Leblanc | Production Manager | Team |
3 more people are available in the full profile.
Complete people profiles for Systemair
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Systemair
Systemair is a publicly listed company on the OMXSTO with ticker symbol SYSR in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date07 Sep 2021
- Listed onLSE: 0HDK
- Listed entitySystemair AB
- Exchange sectorProducer manufacturing
- ISINSE0016609499
- Share price87.40 SEK (+0.46% on the day) · 2026-10-14
- Market capitalisation18,110,394,241.00 SEK
- Price to earnings22.8
- EPS (diluted, trailing year)3.84 SEK
- Dividend yield1.67%
- Volume (last session)4,197
Financials of Systemair
Figures of Systemair India Private Limited, the primary company behind Systemair, for FY 2025. Revenue was ₹372 Cr (+13% year on year). Net profit was ₹21.82 Cr (6% margin). EBITDA was ₹36.57 Cr (10% margin). Revenue has grown at a compounded annual rate of +16% over three years and +20% over five years.
- ₹372 CrRevenue · FY 2025 · +13% YoY
- ₹21.82 CrNet profit · 6% margin
- ₹36.57 CrEBITDA · 10% margin
- ₹22.89 CrPaid-up capital
- 452Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 12.50B SEK | 760.8M SEK | 1.56B SEK |
| 2024 | 12.30B SEK | 680.7M SEK | 1.54B SEK |
| 2023 | 12.26B SEK | 645.6M SEK | 1.41B SEK |
| 2022 | 12.06B SEK | 1.04B SEK | 1.48B SEK |
| 2021 | 9.63B SEK | 543.9M SEK | 1.20B SEK |
Balance sheet, profit and loss, cash flow and ratios of Systemair India Private Limited are on its company page.
Detailed financial statements for Systemair
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Systemair
Systemair has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Alitis, Burda Worldwide Technologies and Frivent.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Industrial fans and blowers are manufactured for ventilation applications. | nadiindia.com | India | 0 | Jul 2025 | •••• | |
Provider of engineered HVAC solutions with a competitive portfolio of AHUs | phem.com.my | Klang, Malaysia | 2017 | May 2024 | •••• | |
Limited information available | groupscs.co.uk | Finsbury, United Kingdom | 1992 | Mar 2023 | •••• | |
HVAC products are supplied by SagiCofim from Milan, Italy. | sagicofim.com | Milan, Italy | 1999 | Apr 2022 | $36.63M | |
Diversified conglomerate operating across multiple industries | tecnairlv.it | Varese, Italy | 1994 | Jan 2022 | $18.06M | |
Home ware products are offered by Burda Worldwide Technologies. | burdawtg.com | Eschborn, Germany | 1990 | Jul 2021 | •••• | |
LED lighting products are manufactured by Tempus Heat in Denmark. | tempusheat.dk | Grindsted, Denmark | 2015 | Mar 2020 | •••• | |
Air diffusion and distribution products are manufactured and supplied globally. | koolair.com | Madrid, Spain | 1968 | Sep 2018 | $23.52M | |
Sales and marketing services are provided to businesses. | syneco.ch | Baar, Switzerland | 2017 | Feb 2018 | •••• | |
Ventilation units and air conditioning systems are manufactured by Frivent. | frivent.com | Austria | 1961 | Apr 2017 | •••• |
Complete acquisition details for Systemair
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Systemair
13 dated milestones of Systemair across 78 years, from founding to its latest funding, stage changes and deals.
- Founded Systemair is founded.
- Funding First funding round of $6.1M.
- Acquisition Acquires Frivent.
- Acquisition Acquires SYNECO.
- Acquisition Acquires Koolair.
- Acquisition Acquires Tempus Heat.
- Acquisition Acquires Burda Worldwide Technologies.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires TECNAIR LV.
- Acquisition Acquires SagiCofim.
- Acquisition Acquires SCS Group.
- Acquisition Acquires PHEM Engineering.
- Acquisition Acquires Nadi Airtechnics.
Competitors of Systemair
Systemair has 3 listed competitors in our database, 2 of them funded. They include NIBE Group, Aira and DREM.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nibe.com | 1952 | Markaryd, Sweden | 2,194 | Provider of sustainable energy solutions contributing to reducing greenhouse gas emissions globally | ||
| airahome.com | 2022 | Stockholm, Sweden | $333.4M | Air-source heat pumps for residential heating efficiency are provided. | ||
| drem.se | 2022 | Stockholm, Sweden | $5.97M | Heat pumps are provided for distributed energy saving solutions. |
Detailed competitors of Systemair
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Systemair
The website of Systemair (systemair.com) receives about 278.2K visits a month and ranks #93,732 among all websites worldwide, #641 in Construction and Maintenance.
- Monthly visits278.2K
▼ 12% vs previous month
- Unique visitors122.1K
per month
- Global rank#93,732
among all websites
- Category rank#641
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate37%
- Pages per visit7.8
- Average visit2 min 54 sec
- DevicesDesktop 50% · Mobile 50%
Websites whose visitors overlap most with Systemair. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| flaktwoods.com | 100% | View details | |||
| swegon.com | 99% | 144.9K | #246,344 | View details | |
| lindab.com | 93% | 63.2K | #578,576 | View details | |
| ouellet.com | 85% | #626,752 | View details | ||
po-vent.ru | po-vent.ru | 84% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Systemair
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Systemair
Complete news archive for Systemair
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Systemair
Systemair was founded in 1947 and raised its 1st funding round 69 years after it was founded.
Systemair is headquartered in Skinnskatteberg, Sweden. It is registered at Skinnskatteberg, Vastmanland, Sweden.
Roland Kasper is the CEO of Systemair, as recorded in our data.
Systemair has 6,730 employees.
The primary company behind Systemair, Systemair India Private Limited, reported revenue of ₹372 Cr for FY 2025, up 13% year on year.
Systemair was founded in 1947 in Skinnskatteberg, Sweden, and operates as a manufacturer in the HVAC industry. A range of equipment, including fans, air handling units, air distribution products, and air conditioning systems, is designed and produced. These offerings serve commercial, industrial, residential, and infrastructure sectors. Emphasis is placed on energy efficiency and sustainable manufacturing. Services such as system start-up, maintenance, and repair are also provided.
Systemair's top competitors include NIBE Group, Aira and DREM.
Systemair offers Air Handling Units, Fans, Air Curtains, and Residential Ventilation Systems.
Yes, Systemair is publicly traded on OMXSTO under the ticker symbol SYSR.
Systemair has made 13 acquisitions, including Alitis, Burda Worldwide Technologies, and Frivent.
Systemair has 1 investor. Key investors include EBRD.
Systemair operates through Systemair India Private Limited.