Latour acquires Esse-Ti S.r.l.
Investment AB Latour (publ) has, through its wholly-owned subsidiary Latour Industries AB, acquired 100 percent of the shares in Esse-Ti S.r.l., based in the Marche region, Italy. Esse-Ti is an Italian leading manufacturer of alarm systems for elevators. The company, founded in 1983, develops, manufactures and sells wired and wireless auto-dialers, gateways, and fire-fighting systems to elevator operators, specialized resellers and OEMs. Net sales amounts to approximately EUR 10 m, of which about 40 percent is exported. The company has 33 employees, whereof 15 in R&D. Esse-Ti is