◂ Announcements

Jul 1, 2019ACQUISITIONItaly

CALEFFI acquires minority stake in home automation firm EKINEX

CALEFFI S.p.A. acquired a minority share in EKINEX S.p.A., a home automation company, to enter the Home & Building Automation sector. The acquisition took place in July 2019.

Status

Completed

Productshome automation systemsKNX standard products

CompaniesCALEFFI acquirer EKINEX target

Sectors#Automation and Robotics #HVAC and Industrial Refrigeration

“We have found CALEFFI to be the ideal partner in order to seize the growing opportunities of a rapidly expanding market, namely, that of building automation.”cristinarubinetterie.com

1 source
cristinarubinetterie.comCALEFFI S.p.A. enters the Home&Building Automation sector by integrating expertise - CristinaNov 18, 2019

Summarized from public sources; check the original articles before acting on it.

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