Produal to acquire the Swedish building automation specialist Zone Controls
Through the acquisition, Produal will expand its product range with room control systems for managing indoor climates. The systems will help improve the energy efficiency of buildings and decrease their carbon footprint. The deal improves Produal’s position in Sweden.
Produal, a Finnish specialist in building automation technology, will acquire the Swedish company Zone Controls. Founded in 1990, Zone Controls specialises in electronic room control systems and air volume control systems.
– The energy efficiency of buildings, indoor air quality and environmental sustainability are international megatrends. The automated control solutions developed by Zone Controls will enable our clients to significantly reduce their energy consumption and carbon footprint, says Produal’s managing director Ari Mårtensson.
– We are delighted that Zone Controls will become a part of a company that appreciates the skills and competence of our staff and the work we have done. The deal will benefit our clients in particular, because Produal will ensure our products a wider international distribution,” says Annika Strand, the CEO of Zone Controls.
Aiming at strong and orderly growth
The Produal Group’s goal is strong and orderly growth, as modern building standards, the increasing use of automation and changes in national and European regulations have increased the demand for measurements carried out in buildings.
– Building automation makes it possible to control the air conditioning, lighting and room temperature, for example in shopping centres, sports facilities, schools and hospitals. A building with a good automation system uses less energy because rooms are not heated or cooled down when the space is not being used,” Mårtensson explains.
The acquisition of Zone Controls will support Produal’s internationalisation strategy and significantly improve the company’s position in the Swedish market.
Mr Ari Mårtensson, Managing Director, Produal, +358 10 219 9111, ari.martensson (a) produal.fi
Ms Annika Strand, CEO, Zone Controls, +46 844 856 25, annika (a) ze.se
Produal Oy is a Finnish forerunner in building automation measurement technology. The company was established in 1987 in Kotka, Finland. It designs and manufactures measurement and control devices that are modern, easy to install and of a high quality. The technical innovations in Produal’s products have become a standard for measurement devices in Finland and abroad. In addition to Finland, Produal’s products are available through retailers in several European and Asian countries. Produal Sverige AB, founded in 1997, is Produal’s Swedish subsidiary, which has an established position in the Swedish market. Produal has subsidiaries also in Denmark and France. Produal’s majority owner is the Finnish private equity firm Vaaka Partners. For more information, please visit www.produal.com
Zone Controls AB is a Swedish building automation company that develops and manufactures electronic control systems for heating, cooling and ventilation. Its product range includes more than 150 different standard solutions ranging from analogue thermostats to digital indoor climate control systems. Zone Controls is a family business founded by Rolf Strand in 1990, and it manufactures all its products in Sweden. The company’s headquarters are located in Västerhaninge, south of Stockholm. For more information, please visit www.zc.se