HMS Networks completes acquisition of Red Lion Controls to expand presence in North America
04/02/24, 2:16 PM
Location
halmstad
yorkIndustry
manufacturing
industrial automation
manufacturing
HMS Networks AB has successfully completed the acquisition of 100 percent of the shares in Red Lion Controls Inc. The acquisition of Red Lion Controls significantly expands HMS’ presence in North America and complements HMS’ product offering, marking an exciting new chapter in the company's journey.
Company Info
Location
Halmstad, Hallands län, Sweden
Company info
HMS Networks AB is a market-leading provider of solutions in industrial information and communication technology (Industrial ICT). The company develops and manufactures products under the Anybus®, Ixxat®, Ewon® and Intesis® brands. With over 800 employees and reported sales of SEK 3,025 million in 2023, HMS is listed on the NASDAQ OMX in Stockholm in the Large Cap segment and Telecommunications sector.