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Deal announced Jul 2023 · Norway Verified

Carel Industries to acquire 82.4% stake in energy software firm Kiona

Carel Industries agreed to acquire a majority (82.4%) stake in Norway-based Kiona, a SaaS provider for managing energy use in refrigeration and building functions, to expand its HVACR digital services.

“Carel Industries will acquire a majority stake in Kiona, a specialist in providing cloud-based software for managing energy use in refrigeration and building functions.”

Entities

Carel Industries · Acquirer Kiona · Target
HVACRefrigeration
Source: www.racplus.com

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