◂ Announcements

Feb 8, 2023ACQUISITIONSweden

MagiCAD Group acquires majority stake in EQUA Simulation

MagiCAD Group Oy has completed the acquisition of a majority stake in EQUA Simulation AB, developer of the IDA Indoor Climate and Energy simulation software. The deal aims to drive sustainability in building services design.

Status

Completed

Productsbuilding performance simulation software (IDA ICE)

CompaniesMagiCAD Group Oy acquirer EQUA Simulation AB target

Sectors#Automation and Robotics

“This is a big step towards completing our vision for sustainable MEP design.”engineering.com

1 source
engineering.comMagiCAD Acquires Majority Stake in EQUA Simulation - Engineering.comPuja MitraFeb 8, 2023

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

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