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Pacific HVAC Engineering today welcomed a new shareholder to the business, Systemair AB of Sweden.

The two major Australian shareholders remain unchanged and continue to operate within the business, according to Sudevan Nallathamby, the managing director, Pacific HVAC Engineering.

“We welcome the expertise, experience and knowledge of Systemair,” Nallathamby said.

“Our new shareholder will compliment Pacific HVAC Engineering, our product range and future plans.

“We look forward to seeing our growth within the Australian, New Zealand and the Asia Pacific markets continue.”

Pacific HVAC Engineering is Australia’s largest manufacturer and distributor of specialised HVAC equipment, offering a comprehensive range of ventilation products for any air movement application.

Specialising in air movement, Pacific HVAC Engineering services the ventilation equipment needs of customers ranging from HVAC through to mining, manufacturing, construction, agriculture as well as retail end users.

“We build our products in state-of-the-art facilities in Melbourne, Sydney and Auckland under a company-wide and audited quality system to ISO9001,” Nallathamby said.