Nordics
Plejd Smart Lighting Business and 2023 Financials
May 6th, 2024Assemblin Caverion Merger: Key Takeaways for Smart Buildings Business
March 25th, 2024Systemair Ventilation Business 2022 Examined
Founded in 1974, Systemair AB is a ventilation and air conditioning group with operations in more than 50 countries. The firm has reported an operating profit every year since its establishment and, over the past 10 years, the company’s average growth has averaged over 9%. In the 2021/22 financial year, Systemair achieved sales of SEK […]
Nordomatic Smart Buildings Business Examined
In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]
Bravida’s Smart Building Automation Business Examined
In this Research Note, we examine the building automation business of Bravida Holding AB, a 100-year old Swedish company with a vision statement of “bringing buildings to life”. This analysis is based on their 2021 Annual Report, investor presentations, growth strategy and M&A activities. Bravida operates in the Nordic market for technical service and installation of buildings and facilities. Bravida’s core […]
Dirty Cryptocurrencies Must Take A Smart Building Approach to Energy Efficiency
While still seeming strange and unofficial to many, cryptocurrencies have now become an established part of the world economy. These blockchain-based virtual currencies have become hugely popular for a wide variety of people around the world, from mom and pop investors to billionaires such as Elon Musk, who recently began accepting Bitcoin as payment for […]
Strategic Change for Leading BMS Integrator in the Nordic Region
This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Nordomatic, the Nordic region’s largest independent building management systems (BMS) integrator has been acquired by a new majority owner. Trill Impact is a private equity firm targeting mid-sized companies in Northern Europe with the potential to accelerate value creation while contributing to UN […]