Hoist Technology

Hoist AB acquires JO Vent AB

Thu, 26 Nov 2009 01:00:00 +0100

As a part of improving its offer to hotels and commercial properties in the energy efficiency business area, Hoist AB acquired JO Vent AB at the 20th November 2009. JO Vent's experience in ventilation is well known in the market and along with EM Systemer AS, Hoist's Norwegian company for energy management, a very strong supplier is established.

The MD Mr. Miguel Abrante and Deputy MD Mr. Stefan Olsson will continue to run Jo Vent AB with a clear mission of growth within energy management. In connection to the acquirement JO Vent will start a Building Management Systems Department with former Hoist employees. Hoist's existing customers will be transferred to JO Vent.

"I am very excited that Mr. Abrante and Mr. Olsson decided to sell their business to Hoist. JO Vent will be the base for our continuous efforts within the business area energy management in Sweden and we are very positive regarding the development in this field", says Mr. Malcolm Lindblom, CEO of Hoist AB.

"We chose to sell JO Vent to Hoist because we are certain that we, as a part of Hoist Group, will be able to grow within the business area of energy efficiency", says Mr. Miguel Abrante, MD at JO Vent AB.

EM Systemer AS, Hoist's Norwegian company is specialists in energy management. They have developed the energy management system HPC1000 that is currently installed in about 60 hotels. It can be connected to the hotels' booking systems which allows for the indoor climate and the energy consumption to be adjusted automatically in each room in accordance to the occupancy rate.

HPC1000 is also installed in about 1.600 commercial properties, with a combined area of more than 5 million square metres. The energy saves after installation amounts to an average of 25% and the system's return on investment is 3-5 years.

For more information please contact: Mr. Malcolm Lindblom, CEO, Hoist AB, tel. +46 8 555 164 00 Mr. Miguel Abrante, MD, JO Vent AB, tel. +46 8 449 28 80

About Hoist ABHoist works together with various hotels and hotel chains in the Scandinavian markets. The company's field of activity embraces hotel interiors and technical system solutions designed to increase the profitability of hotels, conference facilities and commercial properties. The company was formed in 1994 and is currently based in Sweden, with fully owned subsidiaries in Norway, Denmark, UK, Russia, Finland and the Baltic States. Hoist is also established in Poland through franchising venue and represented by retailers in about ten other countries. The company's annual revenues are approximately 45 million euro, and it has 180 employees. For more information please go to: www.hoistgroup.com

About JO Vent AB JO Vent offers complete solutions within ventilation and indoor climate - from idea and construction to preparation of the installation. The business is operating in Stockholm and Mälardalen. The company was founded in 1985 and today it has 50 employees. JO Vent's annual revenues including SEMCO-EL AB and TJ Konsult AB are approximately 9 million euro. For more information please go to: www.jovent.se

Hoist Technology opens in Finland and the Baltic states

Wed, 14 Oct 2009 02:00:00 +0100

On October 1st 2009 Hoist AB launched a new, fully owned subsidiary company in Helsinki, Finland. Hoist Technology Oy will be made up of approximately 10 employees and be active in most of Hoist's business areas. The company will drive operations in Finland, Estonia, Latvia and Lithuania.

"We have been considering establishing ourselves in our neighbouring Eastern countries for a while now and, having bought the Nordic arm of Minibar Systems, in April 2009, we also acquired a new client base and thus a need for an office in Helsinki was apparent. From a general point of view we see significant opportunities for our systems and services for this market", says Malcolm Lindblom, CEO of Hoist AB.

Hoist Technology Oy will undertake market research in the following business areas:

Comfort Design (interiors and hygiene products) Entertainment (films and programs) Eyecom (TV-equipment) HotSoft (Property management system) Laptop Access (wireless Internet) Serviator (mobile back office systems)

There will also be a department tasked with the installation, servicing and support of the IT systems, TV systems, LCD TVs and programmes.

"There is a great need for a total provider with advanced technological systems specifically developed for the hotel and conference industry in Finland and the Baltic states. That is why I am incredibly excited about being a part of establishing Hoist Technology here in Helsinki", says Patrick Lindqvist, the Managing Director of Hoist Technology Oy.

There are currently three people working at the Helsinki office and the forecast is for that number to increase to around 10 during the autumn. Some of the staff will work at the branch offices in Tallinn, Riga and Vilnius.

For more information, contact: Malcolm Lindblom, CEO, Hoist AB, Tel. +46 8 555 164 00 Patrick Lindqvist, Managing Director, Hoist Technology Oy, Tel. +358 400 626 775

About Hoist ABHoist works together with various hotels and hotel chains in the Scandinavian markets. The company's field of activity embraces hotel interiors and technical system solutions designed to increase the profitability of hotels, conference facilities and commercial properties. The company was formed in 1994 and is currently based in Sweden, with fully owned subsidiaries in Norway, Denmark, the UK and Russia. Hoist is also established in Poland through franchising venue and represented by retailers in about ten other countries. The company's annual revenues are approximately 45 million euro, and it has 180 employees. For more information please go to: www.hoistgroup.com

Hoist Technology starts in Poland

Tue, 08 Sep 2009 02:00:00 +0100

Hoist Technology starts up in Warsaw, Poland through franchising. A franchise agreement was signed on 1st August 2009 by our distributor Nordic Team in Warsaw and Hoist Technology Development Ltd. Nordic Team will add our brand and our products to their portfolio and Hoist Technology becomes part owner through a capital injection in to Nordic Team.

Nordic Team is a well known distributor in Poland and has been working in the Polish hospitality market since 1989. Nordic Team has sold to more than 2.000 hotels - large, small and chains. The partnership gives Hoist Technology access to a large and developing market with a positive future outlook.

When Nordic Team becomes part of Hoist Technology the company will market:

Comfort Design (Interior and Service Amenities) Entertainment (Films and TV Channels) Eyecom (TV Equipment) Laptop Access (Wireless Internet System)

– "I am very happy that Nordic Team decided to go with Hoist Technology and I see a great benefit for all parts, most of all for Nordic Team's customers who will benefit from lower pricing and a dedicated development team", says Malcolm Lindblom, CEO of Hoist AB.

– "Yes, this is really good for our customers", says Violetta Hamerska, Managing Director of Nordic Team, and adds that "the customers will also have the possibility to finance their investments through rental agreements including full service and support - something that has been missing in the Polish market."

The official starting date of the cooperation is 8th September 2009 and all details should be finalized in the business process at the latest by year end.

For more information please contact: Malcolm Lindblom, CEO, Hoist AB, Tel. +46 (0)8 555 164 00 Violetta Hamerska, Managing Director, Nordic Team, Tel. +48 22 423 66 96

About Hoist Technology AB Hoist works with the majority of hotels and hotel chains in the Scandinavian market. The company's field of activity embraces hotel interiors and technical systems solutions for increasing the profitability of hotels, conference facilities and commercial properties. The company was formed in 1994 and today is established in Sweden (head office), and has wholly-owned subsidiaries in Norway, Denmark, the United Kingdom and Russia. Hoist is represented by retailers in about a dozen other countries. Turnover in 2008 amounted to 32,5 million Euro and the company has 175 employees. Read more on www.hoistgroup.com

About Nordic TeamNordic Team was founded in 1989 as a private, joint venture company. During the past 20 years it has been running business activities, continuously improving and developing products and services for hotels. Nordic Team has more than 2.000 customers in the Polish hospitality sector and last year the company extended its activity as a supplier for restaurants, bars, coffee shops, etc. Nordic Team has 11 employees.

Hoist Technology acquires the Nordic arm of Minibar Systems

Mon, 11 May 2009 02:00:00 +0100

From 1 April 2009 Comfort Design, a division within Hoist Technology, takes over the Nordic arm of Minibar Systems. With its large product range and its environmental awareness, Minibar Systems is a natural co-operation partner at a time when Comfort Design is opting to renew its portfolio of products within the segment of minibars and safes.

"Hoist Technology has long experience of selling minibars and for this reason it is immensely positive for us to be able to further broaden our offer with products from a highly reputable and environmentally aware manufacturer", says Annika Persson, general manager of Comfort Design.

"We are happy about the co-peration with Hoist Technology in the Nordic region. The Comfort Design Division has a wide and exciting range into which our minibars and safes fit very well", says Tor Helge Lunde Sørensen, Regional Sales Director of Minibar Systems.

Minibar Systems has been a leading manufacturer within the minibar segment for over 35 years, and makes an active contribution to developing and producing environmentally friendly and energy-saving minibars. The co-operation between the two partners means that, as from 1 April 2009, Comfort Design takes over all sales, servicing and support of minibars in the Nordic market and Estonia. Comfort Design also takes over the existing customer contracts for non-automatic minibars.

Comfort Design is present throughout Scandinavia with a sales organisation, support and warehouses in each country, and works in close co-operation with Electrolux for the handling of all technical services.

For more information please contact Annika Persson, General Manager, Comfort Design, tel. 08-555 164 00 Tor Helge Lunde Sørensen, Regional Sales Director, Minibar Systems, tel. +47-957-69619 About Minibar Systems AB: For more than 35 years Minibar Systems has been a leading supplier of minibars and safes to the hotel industry. The head office is located in Switzerland and the company has its own subsidiaries and distributors throughout the world. Read more on www.minibar.ch

About Hoist Technology AB: Hoist works with the majority of hotels and hotel chains in the Scandinavian market. The company's field of activity embraces hotel interiors and technical systems solutions for increasing the profitability of hotels, conference facilities and commercial properties. The company was formed in 1994 and today is established in Sweden (head office), and has wholly-owned subsidiaries in Norway, Denmark, the United Kingdom and Russia. Hoist is now represented by retailers in about a dozen other countries. Turnover in 2008 amounted to close on SEK 355 million and the company has 175 employees. Read more on www.hoistgroup.com