Latour invests in Perific Technologies AB
Investment AB Latour (publ) has, through its subsidiary Latour Future Solutions AB, entered into an agreement to invest in Perific Technologies AB ("Perific").
Perific offers products and services for power measurement, power control, and load balancing of major energy consumers in buildings. The company's independent solutions work for all types of properties regardless of size or electrical architecture, enabling optimization of energy usage based on main fuse capacity, hourly electricity prices, and power agreements.
Perific was founded in its current form in 2018 in Stockholm and has 29 employees. The company is now an established player in the Swedish market with 80,000 installed units.
"Measuring and controlling power consumption is crucial for creating balance in the electricity grid and enabling the green transition of our society. In this work Perific's products and services play a central role", says Pelle Mattisson, CEO of Latour Future Solutions AB.
"With Latour as an industrial growth partner, we will increase the pace of our European expansion and contribute to a more efficient energy system in additional markets", continues Perific's founder Tomas Öquist and CEO Gustav Dafnäs.
The investment means that Latour Future Solutions AB will become a minority shareholder with 20 percent ownership of the company.
Gothenburg, December 20, 2024
INVESTMENT AB LATOUR (PUBL)
Johan Hjertonsson, CEO
For further information, please contact:
Pelle Mattisson, CEO, Latour Future Solutions AB, +46 705 800 657
Anders Ardstål, Investment Director, Investment AB Latour, +46 737 145 567
Latour Future Solutions AB is an investment area within Latour focused on growth companies developing solutions for the transition to a sustainable society. The goal is for the investments to help accelerate societal transformation from environmental, social, and economic perspectives.
Investment AB Latour is a mixed investment company consisting primarily of a wholly-owned industrial operations and an investment portfolio of listing holdings in which Latour is the principal owner or one of the principal owners. The investment portfolio consists of ten substantial holdings with a market value of SEK 90 billion as of 30 November, 2024. The wholly-owned industrial operations have an annual turnover of SEK 27 billion.