Majority stake Announced Apr 2016
Nortek to acquire 25% minority stake in MiOS Limited
Relationship map
Parties
Parties
Market signals
Market signals
Summary
Nortek Inc. signed an agreement to acquire a 25 percent stake in smart-home technology company MiOS Limited to provide growth capital for product development and expand Nortek's connected-home solutions. This is a manufacturer minority investment, not a home-services roll-up.