# Carel Industries acquires 82.4% stake in Kiona Holding

Carel Industries signed a binding agreement to acquire approximately 82.4% of Kiona Holding AS, a Norwegian SaaS provider of energy optimization solutions for buildings and refrigeration.

- Type: Acquisition
- Announced: 2023-07-24
- Where: Trondheim, Norway
- Status: announced
- Products: SaaS for energy optimization, building digitalization
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [CAREL Industries](https://endata.com/companies/9686.md) (acquirer)
- [Kiona Holding](https://endata.com/companies/71601.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/CAREL-INDUSTRIES-S-P-A-44211881/news/Carel-Industries-S-p-A-signs-a-binding-agreement-to-acquire-c-82-4-of-Kiona-share-capital-44404548/), 2023-07-24: "CAREL Industries S.p.A. entered into a binding agreement to acquire a c. 82.4% stake in Kiona Holding AS."
- [memoori.com](https://memoori.com/hvac-control-manufacturer-carel-acquires-saas-kiona/), 2023-07-31: "Carel Industries SpA is an Italian public company manufacturing control products for HVAC and refrigeration applications... acquired a majority stake in Kiona, a Norwegian Saas player in building management, energy management and refrigeration management."

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