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Fläkt Woods Group Global



History timeline

The history of Fläkt Woods has its roots
in a number of companies with old traditions including Svenska Fläktfabriken, Woods of Colchester, Bovent, Solyvent Ventec

 

and Bahco, to mention a few.
In the short history below the main milestones of Svenska Fläkt and Woods Fans are presented.

November 2007: Fläkt Woods acquires SEMCO Incorporated in the USA and Symor Oy in Finland.
 
September 2007: Fläkt Woods is acquired by Sagard, Barclay's Private Equity, ICG and the management.

 

 

 

1 February 2002: The Fläkt Woods Group is formed. The new
group brings together two of the world’s leading names in the ‘Air
Movement and Treatment’ industry, namely Fläkt and Woods Air
Movement. The group also owns other important brands
including, for example, Solyvent Ventec and American Fan.

Svenska Fläkt

In December 2001, ABB announces
that the Air Handling Equipment
Business Area of ABB has been
acquired by Global Air Movement
SARL (Luxemburg).

In 1993 ABB Fläkt Produkt AB is
formed through a merger of Fläkt
Klimatprodukter AB in Jönköping,
Stratos Ventilation Produkt AB in
Enköping, Fläkt Veloduct AB in
Järna and AB Richard Pettersson
Products in Aneby.

.
In 1988 ABB is formed and the
remainder of the Fläkt shares is
sold to ABB. The Fläkt group
including Stratos forms a Business
Area within ABB

1987 The Fläkt group acquires the
Bahco Company in Enköping,
which is then renamed Stratos



In 1984 ASEA re-acquires a
majority share holding of the
Fläkt Group.

In 1960 AB Svenska Fläktfabriken
becomes an independent
company, listed on the
stock exchange.

In 1932 the Krüger empire crashes
and the Swedish electrical company
ASEA takes control of Svenska
Fläktfabriken. The number of
employees in Jönköping grows
to 890 people.


In 1927 AB Krüger & Toll
takes over the share
majority of Svenska
Fläktfabriken.
 



 

In 1918 engineers Sven Söderberg
and Robert Sundström start a
company, which they name Svenska
Fläktfabriken Söderberg & Co.
Production starts in a mill by the
Dunkehalla river in Jönköping, Sweden.

 

 

 

Woods Fans

2000: Marconi announces the sale
  of Woods Air Movement to Global
   Air Movement Holdings Limited a
    company formed by Compass
    Capital Partners

    1998: Name Change - From
   July 1998 Woods of Colchester
  is now known as Woods Air
Movement Limited.

1986: The American Fan Company is purchased by GEC and joins the Woods ‘family’. 

1964: GEC plc takes complete control of Woods by buying-out the rest of the Woods family.

1945 GEC invests sufficient capital to gain controlling interest in Woods.

1937 By this time Maurice’s son Geoffrey has taken charge of Woods (1935), which now employs about 100 people. Being ambitious, the company is soon employing 360 people.

 

 

 

1909 Maurice Woods forms a company in Colchester producing single phase motors to suit the various different voltages in use.



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