PRESS RELEASE – 2024-08-15

Norwegian Normatic joins the SI group.

SI merges with Norwegian Normatic AS and consolidates its position as one of the Nordic countries' leading players in energy optimization and automation.

The SI Group continues its expansion through the acquisition of Normatic, one of Norway's leading suppliers of complete automation solutions. Through this strengthening, the SI Group becomes one of the Nordic countries' leading players in energy optimization and automation.

– We have long wanted to establish ourselves closer to the market in Norway and are extremely pleased to have Normatic in our group. We know each other well from before and for us it is the ideal company in Norway that gives us a strong base for further growth throughout Norway, says Mikael Norlander, CEO of SI and continues:

– Normatic stands for quality, innovation, long-termism and sustainability – which makes them a perfect fit for the SI group. Together we will have even better conditions to support our existing and new customers in both Norway and Sweden.

Hans Inge Solheim, CEO and co-founder of Normatic, expresses his joy that the company is now part of the SI Group:

– Over the past 26 years, we have laid a solid foundation for continued growth and development. For us, it has been crucial to find a partner with both capital and expertise to be able to further develop the environments we have created – which we have now done.

Normatic – a strong platform for growth

Normatic, just like SI, was founded in 1998 and has been owned and operated by entrepreneurs ever since.

– Normatic is the ideal company for SI's expansion. With a corporate culture similar to SI's and a highly qualified and experienced staff with strong technical expertise and in-house development, Normatic has built up an impressive customer portfolio throughout Norway. We now look forward to a shared future and continued growth. The former owners of Normatic will also become part-owners of the SI group – ensuring continuity and further development, concludes Mikael Norlander.

Briefly about the SI Group
SI, which stands for Sustainable Intelligence, is a leading group within energy optimization and property automation. After Normatic joined, the SI Group has 400 employees in 24 offices in Sweden and Norway. The company was founded in 1998 in Varberg and has a turnover of approximately SEK 800 million.
For more information: www.wearesi.se

About Normatic
Normatic develops and provides complete automation solutions for properties, technical facilities and critical infrastructure throughout Norway. Normatic supports customers throughout the entire process from design and detailed engineering to commissioning, training and service. The company was founded in 1998 and has offices in Nordfjordeid, Førde and Lillehammer. Normatic has approximately 70 employees and had a turnover of approximately NOK 160 million in 2023. The previous owners will become partners in the SI Group.
For more information: www.normatic.no