Latour invest in NOAQ
Investment AB Latour has today acquired a minority stake in NOAQ Flood Protection AB through its subsidiary Latour Future Solutions AB.
Latour is known for its long-term investment in companies with own products and brands supported by important global megatrends to create long-term sustainable value for its shareholders.
Its subsidiary Latour Future Solutions is focusing on growth companies that build a more sustainable society. Today's acquisition gives Latour approximately a 20% stake of the Swedish flood barrier company.
Getting an established investor as Latour to become an owner of NOAQ gives us a good basis for the future. Not only because it shows the interest and value that investment companies see within the field, but also to get an experienced owner that can support our continued growth and to develop our offering of services and products to new markets
Douglas Hellström, CEO of NOAQ Flood Protection AB.
Climate change leads to increased extreme weather and floodings. The solutions from NOAQ contributes concretely to climate adaptation and a more flood resilient society
Pelle Mattisson, CEO of Latour Future Solutions AB.