Latour acquires VEGA S.R.L.
Investment AB Latour has, through its wholly-owned subsidiary Latour Industries, signed an agreement to acquired VEGA S.R.L. (VEGA) based in the Marche region, Italy. The acquisition is expected to close in January, 2021. Vega is a leading Italian designer and manufacturer of passenger interface systems and electronic systems for elevators and platform lifts. The company, founded in 2004, is headquartered in Italy with subsidiaries in USA, Brazil, Albania, and China. Net sales amount to over EUR 20 million with strong operating margin and growth. The company has approx. 200 employees in