2024 has been an important and successful year for our portfolio company, SSC Climate Group. Since our acquisition in May, we have focused on operational and strategic improvements, resulting in increased profitability and record-breaking sales.
We’re excited to announce another major development that will significantly increase SSC’s momentum going into 2025!
SSC Climate Group has signed an agreement with Lumikko Technologies to acquire stock and intellectual property rights for selected products, including the widely recognized Heat Master heating system.
This acquisition aligns with SSC Climate Group’s strategy to become a leading provider of innovative and reliable heating solutions for the transport and marine industries in the Nordics. It strengthens SSC’s product portfolio and provides growth opportunities in domestic and international markets.
The purchase also includes intellectual property rights for several cooling systems, opening the door for potential expansion into that product segment in the future.
We look forward to supporting SSC Climate Group as it continues to build momentum heading into the new year!