airteam

  • Poul Pihlmann

    CEO

airteam offers high-quality, effective ventilation solutions in Denmark and Sweden. The company focuses on project development, project management and procurement where the projects, to a large extent, are carried out by a broad network of quality-assured subcontractors. Furthermore, airteam offers maintenance and service of its installed ventilation solutions. Its customers are often major construction contractors in both renovation and new builds.

Market

The Nordic construction market has growth potential based on increased demand for effective, high-quality ventilation solutions. There is an underlying need for large-scale renovation projects and new builds in which ventilation plays an increasingly important role. Intensified regulation and specific requirements for energy efficiency and better indoor climate are also expected to drive new business opportunities. The Danish ventilation market is fragmented and airteam is one of the leading players in its niche.

The year

airteam has a leading market position and an attractive business model coupled with a strong, customer-oriented corporate culture and dedicated employees. There is continued potential to develop the business further through organic growth in existing markets and through acquisitions and international expansion. In 2019, airteam continued its expansion in Sweden through the acquisition of Creovent & Thorszelius. The company then focused on integrating the Swedish operations, which consists of a number of add-on acquisitions, and creating a clearer governance structure.

Sustainability

airteam’s sustainability agenda is deeply embedded in its business operations through the development of environmentally sustainable, energy-efficient ventilation solutions that contribute to a healthy and improved indoor climate. Accordingly, the energy efficiency of the company’s products and customer health and safety are key sustainability issues for airteam. airteam’s employees are its most important asset and the focus areas in relation to the company’s employees include performance and career development, safety on building sites as well as work environment and conditions.