Latour acquires HC Groep
Investment AB Latour has, through its wholly-owned subsidiary Swegon Group AB, signed an agreement to acquire HC Groep. Closing is expected to take place in August 2024. HC Groep, owned by Gilde Equity Management (GEM) since 2020, was founded in 1995 and has today 386 employees with head office and production in Waalwijk, Netherlands. Net sales in 2023 amounted to EUR 106 million with a profitability well in line with Latour’s wholly-owned operations. The acquisition is subject to competition clearance approval by authorities in the Netherlands. HC Groep is a market leader in the area of