Manufacturer of wireless smart home devices in Eastern Europe for sale

• Revenue: > 4M EUR
• Employees: > 30
• Location of the Manufacturer of wireless smart home devices: Eastern Europe
• Reason for sale: The owners want to grow the company in Eastern Europe, therefore are looking to talk to interested investors
• #CFIE ITS494

The company for sale helps its clients to turn their homes into smart ones. Using only a smartphone the solutions developed by the team make it possible to control remotely all the conditions in a house: lightning, doors and gates, heating and ventilation systems, hot water, shading, etc. The team manufactures products such as wireless smart home devices and is also specialized in providing solutions for cruise ship cabin automation. The company registers more than 4M Euro revenue, has a steady rhythm of growth with more than 95% of revenues being generated through exports in more than 70 countries worldwide. The business has strong growth perspectives in the future years due to the increasing demand for smart home solutions. The company has in plan to develop new products to respond better to the market’s needs, therefore there is the necessity for further investment in R&D activities. The business is privately owned and the owners are looking for strategic investors for participation in the acquisition of majority equity share of the company. The owners are open to talk with a strategic partner with whom they would be able to grow the business on the market (gain access to new markets/customers), accelerate new product sales and improve company’s competitive positioning in the fast-growing home automation industry.

The company has been active for more than 30 years on the market and has delivered countless projects in the smart automation field. The team is formed of 30 employees specialized in developing and producing products and solutions that are unique to the smart home industry. The company is focused on innovations and the excellent R&D team already announced the development of new products that will be produced and that will be launched on the fast-growing smart home market. As sales channels there are used Real Estate Developers, Service Operators (Telco, Utility, Facility management, Security) and Distributors. The company has ambitious and achievable goals to increase its revenues and the team.

When it comes to clients, the company’s goal is to offer affordable smart home solutions that can be used very easily. The wide range of wireless smart home devices enables the user to control the electronic devices of his house with only a tap on his smartphone or tablet. He is able to control and manage systems such as smart lights, shades, garage door, cooling and heating, security, home wellness and outdoor irrigation. The solutions allow the user to monitor energy consumption, save energy and lower electricity bills. The smart home devices are ones of the smallest in the field and can be installed very simple. The technology used provides high comfort, safety and energy efficiency.

The company for sale delivers smart home devices and solutions that help to remotely control the following:

• Smart Energy Metering
• Lightning
• Doors & Gates
• Domestic Water Heating
• Shades and Windows
• Heating and Ventilation
• IT and Multimedia Devices
• Household Appliances

• The company is active in manufacturing and providing smart home devices and solutions
• The solutions optimize energy consumption and offer a more comfortable and efficient home environment
• The company wants to develop new products and reach new opportunities
• The owners are looking to talk with strategic investors that are interested to grow the business in Eastern Europe