HABO, Sweden, April 8, 2021 / PRNewswire / – In order to strengthen our connectivity offering for outdoor environments, the Fagerhult group has acquired the remaining 80% of the shares of Seneco A / S.
Seneco is a Danish lighting connectivity company founded in 2010. The system consists of a full range of wireless products for outdoor luminaires, connected to the system is also an online portal for remote monitoring and l integration with other facilities. In addition to creating safer outdoor environments, the system provides significant energy savings and reduced maintenance costs. Most of Seneco’s facilities are today located in Denmark and adjacent European markets.
“ In 2017, we acquired 20% of Seneco and we have since seen good adoption of the technology in our brands. As the European leader in outdoor lighting, this acquisition helps us to further strengthen our offer and increase our level of competence, which is a key strategic initiative for us. Seneco’s solution fits perfectly with our ambition to provide open and easy-to-use solutions for our customers and partners. I am very happy to welcome the Seneco team to the Fagerhult group ‘, declares Bodil sonesson, CEO of the Fagerhult group.
The process was over April 8e 2021
Bodil sonesson, CEO, +46 722 23 76 02, [email protected]
Michael wood, Chief Financial Officer, +46 730 87 46 47, [email protected]
This information was provided to you by Cision http://news.cision.com
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