Normet has acquired Remion Ltd, a Finnish-based specialist in innovative business and process-enhancing industrial internet solutions and consulting services. remion has a dedicated team of 28 people.
“We see Remion as a key enabler of our future digitalization strategy. remion’s competence in analytics and software development provides the basis for us to use the relevant skills to develop Normet’s products. We value Remion’s existing customer base and the significant growth opportunities it brings to Normet. We look forward to working with Remion to tap into these growth opportunities while ensuring that Remion’s existing customer development and support continues.” Riku Helander, Senior Vice President of Normet’s Services business line, commented.
“The change in ownership does not change the areas Remion is focused on. We look forward to developing IoT and analytics solutions for our customers and to further expanding our customer base.” Jukka Kivimäki, CEO of Remion, comments:- “Remion will continue to develop its products and grow in the new group environment.”
Founded in 2001, Remion provides innovative IoT solutions and services to a wide range of industries, machine and equipment manufacturers, service companies, and development organizations as the basis for efficient, forward-looking operations. Remion is headquartered in Tampere, Finland.
The acquisition was completed in February 2023. The parties have agreed not to disclose any financial details in connection with the transaction. Following the completion of the acquisition, Remion continues to operate as an independent company as part of the Normet Group.