Nordomatic agrees with Latour Industries regarding the acquisition of all shares in Kabona AB. Kabona is a leading investor within real estate automation in six cities in Sweden and by entering the Nordomatic Group the conditions are strengthened for further innovation and growth, according to the company.
 
“This is a very exciting company deal that opens up new opportunities. Kabona’s competence within energy efficiency and the company’s deep end customer relationships will strengthen the company significantly,” says Olov Schagerlund, CEO at Nordomatic.
 
“This is a milestone in Kabona’s development and we will now be a part of a specialized company where our combined experience regarding energy ingenious property automation, way of working and system support can contribute to market leading competitiveness,” says Fredrik Askerdal, CEO at Kabona.
 
The joint company will turnover approximately EUR 78M of which approximately EUR 54M in Sweden, making Nordomatic Scandinavia’s largest property automation and smart buildings specialist.