News Skandia Elevator acquires Liros Electronics
Skandia Elevator AB, founded in 1914, a leading company of transport equipment for storing grain, acquires the platform company Liros Electronics AB. The company will be a completely owned subsidiary of Skandia Elevator AB as of April 30, 2021.
– Skandia Elevator is in an expansive phase and through the acquisition we are strengthening our digital decision support system for grain facilities, Grain Cloud. Our vision with Grain Cloud is to become one of the leading suppliers of knowledge and insights for grain plants. We also want to help facilitate traceability from farm to fork, says Joakim Larsson, CEO of Skandia Elevator AB.
Liros Electronics AB is a platform supplier for digital temperature monitoring when storing grain in silos or flat warehouses. The company was established in Sweden in 1955.
Since 2004, Liros has been one of the leading pioneers in temperature monitoring in grain storage. As a step to maintain its position as a market leader, Liros 2019 began work on developing the monitoring technology and process, which is the basis for the business. With the help of AI and a number of cloud-based services, Liros has now taken the first steps to become a fully cloud-based and wireless platform provider in the grain storage process.
– We are happy and proud that Liros is now part of another traditional and well-known brand in our industrial vertical. Together with a strong owner such as Skandia Elevator, our work gets a significant boost to our goal of being a leading innovator and player in temperature monitoring of grain in silos and planar warehouses. Liro’s platform fits optimally into Skandia Elevator’s digitalization work and will form an important part of the whole of Skandia Elevator’s strategy of being a leading supplier of control and monitoring of grain storage facilities, says Tobias Kristoffersen, owner of Liros Electronics AB.
For further information please contact:
Joakim Larsson, Skandia Elevator AB, phone: +46 70-671 91 61
Tobias Kristoffersen, Liros Electronics AB, phone: +46 735-41 08 05
