Fibaro with a new Italian owner. Acquisition for 250 million PLN



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Fibaro is a Poznań-based brand that operates in the smart homs market e, whose products are available in more than 100 markets around the world. The system offered by the Fibar group was the first to be fully wireless. Since 2010, it is constantly being developed with new products and new functions.

Nice is an international group headquartered in Italy, specializing in home automation and home security solutions. The company offers products in the field of integrated automation for doors, garage doors, blinds, parking systems and wireless alarm systems in residential, commercial buildings and industrial. Nice markets its products in more than 100 countries through a network of 30 agencies and dozens of distributors. The company's products are manufactured in 12 factories.

By acquiring a strategic investor in the form of Nice, Fibaro intends to offer its customers a more coherent smart home system. Up to now, he has cooperated with automation for garage doors, shutters, etc., and thanks to the collaboration with an Italian producer, customers will finally receive more integrated solutions allowing a easier and more convenient service of a smart home. For example, by integrating Nice and Fibaro products in the future, you will be able to give automatic and remote access to the garage of a selected automation, located by GPS or by registration numbers. For Fibaro, the transaction also means an expanded distribution network and investments in R & D and production capacity.

– We chose Nice's offer because we were looking for an investor who will not only allow the Fibaro brand to continue growing. we have the resources to continue our research and will benefit from our technologically advanced know-how. According to Nice Maciej Fiedler, CEO of Fibaro

the transaction of an amount of 250 million zlotys is the biggest investment ever made by this group in the smart home industry and the l & # 39; Internet of Things

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