Investment AB Latour (publ) has, through its wholly-owned subsidiary Bemsiq AB, acquired Greystone Energy Systems Inc.
Greystone Energy Systems, established in 1983, has over 30 years of experience in designing, manufacturing, and supplying HVAC sensors and transmitters for the building automation industry. With head office and manufacturing in Moncton, Canada, the company has over 120 employees globally with sales offices in Canada, USA, Dubai, India, Singapore, and Malaysia. Total revenues in 2020 amounted to 22 MCAD and a profit level well above Latour’s financial target. Bemsiq has a strong position within the building automation field device market in Europe, and the acquisition of Greystone further strengthens Bemsiq’s geographical reach with a strong base in North America.