# Yokogawa takes €6M strategic stake in Sensire for cold chain monitoring

Yokogawa Electric Corporation took a €6 million stake (35.2%) in Finland-based Sensire Ltd., becoming its largest shareholder, to collaborate in cold chain temperature monitoring solutions.

- Type: Acquisition
- Announced: 2019-06-06
- Where: Finland
- Value: $6.80M (6.00M EUR)
- Status: completed
- Products: cold chain temperature monitoring solutions, IIoT services
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Yokogawa Electric Corporation](https://endata.com/companies/1434.md) (investor)
- [Sensire Ltd.](https://endata.com/companies/39852.md) (target)

## Sources

- [kommunikasjon.ntb.no](https://kommunikasjon.ntb.no/pressemelding/17865955/yokogawa-takes-strategic-stake-in-finnish-company-sensire-ltd-to-pursue-collaboration-in-cold-chain-monitoring?publisherId=90063), 2019-06-06: "Through this initiative, both companies aim to develop and provide new services that combine Yokogawa's Industrial Internet of Things (IIoT) architecture... and Sensire's cold chain temperature monitoring solutions."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.