Lindab has entered an agreement to acquire Elia Sarl, a one-stop ventilation distributor with a strong local market presence in the south of France.
The company has a branch located in Montpellier, a fast-growing area for ventilation in France, generating annual sales of around SEK 20 million.
Lindab president and CEO David Brodetsky said: 'This small acquisition is a perfect strategic fit. It is a successful business that will be able to grow even quicker as part of Lindab. By integrating the business into our branch network we will benefit from several synergies.
'The branch in Montpellier complements our geographical footprint in France, already strengthened with new outlets in Bordeaux and Lille earlier this year. In total we have now 15 points of sale in France.'
Lindab is an international Group that develops, manufactures, markets and distributes products and system solutions primarily in steel for simplified construction and improved indoor climate.
The business is carried out within three business areas: Ventilation, Building Components and Buildings.
