International. The new acquisition is seen as an important step in Multi-Wing's transition towards the production of high-efficiency axial fans, based on a range of modular propellers.
In this way, the group seeks to meet the needs of its main customers, providing them with effective airflow solutions.
"Combining our 65 years of experience in aerodynamics with the range of modular axial propellers is the perfect opportunity to harness synergies and develop a long-term vision. We look forward to welcoming the entire VIP Air Empowerment team to the Multi-Wing family", said Jesper Bernhoft, CEO of Multi-Wing.
About the acquired company
VIP Air Empowerment was founded in 1985 by the Fasolini family and has a strong position in the Italian axial fan HVAC market. The company has experienced significant growth in recent years, thanks to its constant investments in new technologies and innovative solutions.
As part of the agreement, the Fasolini family will remain with the company and continue to contribute to its growth.
"We are thrilled to be able to guarantee VIP, and those who are part of its growth, the ability to reach new markets with Multi-Wing. The Fasolini family will continue to be part of the management, ensuring the flexibility and ability to offer innovative solutions to our customers," said Fausto Fasolini, CEO of VIP Air Empowerment.