Brazil. The company specialized in refrigeration solutions, Metalfrio, informed the market and its shareholders that its board of directors approved the acquisition of the entire share capital of Assets 365, a company specialized in solutions and data management for tenants and refrigerated equipment.
Assets365 is a UK-based company offering services such as:
A data model, offering access to key IoT (Internet of Things), business and operational data;
An operating model, offering remotely and in-field managed services, designed to leverage customers' IoT, business and operational data on their behalf.
Metalfrio reported that the company's purchase of Assets 365 consolidates its leadership in connectivity and related service offerings. "The solutions provided by Assets365 leverage IoT data, achieving operational excellence and tangible results for the success of our customers," said Metalfrio Solutions CEO Petros Diamantides.
The company estimates that the acquisition of Assets365 will be completed within three months. Trading is subject to the usual conditions for this type of transaction. Metalfrio said it will keep the market and its shareholders informed if there is new information on the matter.
