Produal acquires British building automation sensor technology company SyxthSense
Produal Oy, Finland, the market leader in building automation measurement and control equipment in the Nordic countries, acquires SyxthSense Ltd, a UK-based sensor technology company offering measurement and control solutions for building automation. The acquisition expands Produal’s product portfolio in the building automation segment as well as the company’s geographic area of operations, as Syxthsense has a strong foothold in the UK.
Syxthense’s office is in Topsham, Exeter. The company has a comprehensive range of field equipment and room controllers for building automation. The company’s turnover in 2018 was approximately GBP 2 million.
“I wish the SyxthSense team a warm welcome to the Produal Group”, Produal CEO Anselmi Immonen says. “We’ve been working together for many years and I am confident in their exciting products, as well as customer-oriented approach. This acquisition is an important step in Produal’s international growth objectives, and it gives us a strong presence in the UK , one of the world’s largest real estate automation markets. ”
“We see Produal as the perfect long-term owner of SyxthSense,” says Dene Matthews, the company’s marketing director and co-founder of SyxthSense. “We look forward to developing and growing the company with new ownership alongside other Produal Group companies. Syxthsense will continue as it does today, we remain committed to all our customers and are excited in the future plans for all of our products. ”
The acquisition was concluded on 2 September.
For more information:
Anselmi Immonen, Managing Director, Produal Oy, +358 50 9118068
Dene Matthews, Marketing Director, SyxthSense Ltd, +44 844 840 3100