Somfy Group acquires 75% of Teleco Automation

Teleco Automation has signed an agreement to sell 75% of its shares to Somfy Group, world leader in automatic controls for openings and closures. The deal aims to improve capacity to offer customized and integrated solutions.

“We announce that we have signed an agreement to sell 75% of our shares to SOMFY Group, world leader in automatic controls for openings and closures in homes and buildings.”telecoautomation.com

• 1 source
• telecoautomation.comTELECO JOINS THE SOMFY GROUP - Teleco Automationdeveloper@fishouse.itFeb 22, 2022

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