# LATOUR INVESTMENT B

Summary updated: 2026-10-04T15:32:18.751743Z
Canonical: https://finbar.com/research/companies/latour-investment-b

## Overview

Investment AB Latour is a Swedish investment company combining wholly owned industrial businesses with a portfolio of listed holdings. Its industrial operations span seven business areas, developing and supplying products and solutions to international markets. [1](https://app.finbar.com/go?id=P110190240)[2](https://www.latour.se/en/about/operations)

Latour’s stated aim is to create sustainable long-term value through its investments. In 2025, it reported net sales of SEK 28,145 million and 10,116 employees. [3](https://app.finbar.com/go?id=P30989173)[4](https://app.finbar.com/go?id=P59587773)[5](https://app.finbar.com/go?id=P47860444)
[1](https://app.finbar.com/go?id=P110190240)[3](https://app.finbar.com/go?id=P30989173)[4](https://app.finbar.com/go?id=P59587773)[5](https://app.finbar.com/go?id=P47860444)[2](https://www.latour.se/en/about/operations)

## Products & services

Investment AB Latour’s products and services are delivered through its wholly owned industrial businesses, rather than as a single product range. These include Bemsiq’s building-automation, metering and industrial field devices—such as sensors, transmitters, room controllers, actuators, gateways and meters—and Caljan’s logistics automation, including telescopic conveyors, robotics and parcel-handling systems. [6](https://www.latour.se/en/holdings/wholly-owned-operations) [7](https://bemsiq.com/en/companies) [8](https://caljan.com/technology/caljan-performer/)

Hultafors Group supplies professional workwear, footwear, personal protective equipment, hand tools, ladders and work equipment through brands including Fristads, Snickers Workwear, Hellberg Safety and Hultafors Tools. Innovalift designs, manufactures and installs platform and stair lifts, and supplies elevator components and modernization products. [9](https://www.hultaforsgroup.com/our-brands) [10](https://www.latour.se/en/holdings/wholly-owned-operations/innovalift)

Nord-Lock Group offers bolted-joint products including wedge-locking washers, mechanical and hydraulic bolt tensioners, and pivot-pin assemblies. Swegon supplies indoor-climate products and systems, including air-handling and air-distribution equipment, room units, chillers, heat pumps and controls; its GOLD RX/HC combines rotary heat recovery with a reversible heat pump. [11](https://newsroom.nord-lock.com/) [12](https://www.nord-lock.com/nord-lock/original-wedge-locking-washers-product/) [13](https://www.swegon.com/products/) [14](https://www.swegon.com/products/air-handling/air-handling-units/gold/gold-rxhc/)

Latour Industries consists of wholly owned industrial holdings with proprietary, high-technology products; the available overview does not specify a single unified product range. The industrial areas’ Q1 2026 sales are reported separately, but no product-level performance breakdown is provided here. [15](https://www.latour.se/en/holdings/wholly-owned-operations/latour-industries) [16](https://app.finbar.com/go?id=T8791325)
[6](https://www.latour.se/en/holdings/wholly-owned-operations)[7](https://bemsiq.com/en/companies)[8](https://caljan.com/technology/caljan-performer/)[9](https://www.hultaforsgroup.com/our-brands)[10](https://www.latour.se/en/holdings/wholly-owned-operations/innovalift)[11](https://newsroom.nord-lock.com/)[12](https://www.nord-lock.com/nord-lock/original-wedge-locking-washers-product/)[13](https://www.swegon.com/products/)[14](https://www.swegon.com/products/air-handling/air-handling-units/gold/gold-rxhc/)[15](https://www.latour.se/en/holdings/wholly-owned-operations/latour-industries)[16](https://app.finbar.com/go?id=T8791325)[6](https://www.latour.se/en/holdings/wholly-owned-operations)[7](https://bemsiq.com/en/companies)[8](https://caljan.com/technology/caljan-performer/)[9](https://www.hultaforsgroup.com/our-brands)[10](https://www.latour.se/en/holdings/wholly-owned-operations/innovalift)[11](https://newsroom.nord-lock.com/)[12](https://www.nord-lock.com/nord-lock/original-wedge-locking-washers-product/)[13](https://www.swegon.com/products/)[14](https://www.swegon.com/products/air-handling/air-handling-units/gold/gold-rxhc/)[15](https://www.latour.se/en/holdings/wholly-owned-operations/latour-industries)

## Geographic presence

Latour Investment AB’s portfolio companies operate across Europe, North America, the Middle East and Asia; Bemsiq reports a presence across those regions, while Hultafors products are available in nearly 70 countries, with Europe and North America identified as its focus markets [17](https://app.finbar.com/go?id=P38248519)[18](https://app.finbar.com/go?id=P42397314). In Q1 2026, the Middle East accounted for slightly less than 1% of industrial-operations sales, generated mainly by Bemsiq, Innovalift and Nord-Lock [19](https://app.finbar.com/go?id=P24323655).

A geographic sales breakdown disclosed for Swegon, rather than for the consolidated Latour group, shows FY2025 net sales of SEK 10,272 million: rest of Europe SEK 6,675 million (about 65.0%); Sweden SEK 1,562 million (15.2%); rest of the Nordics SEK 1,112 million (10.8%); North America SEK 716 million (7.0%); and rest of world SEK 207 million (2.0%) [20](https://app.finbar.com/go?id=T6856404).

The parent company’s head office is in Gothenburg, Sweden [21](https://app.finbar.com/go?id=P29716222). The 2025 annual report lists average subsidiary employment of 10,116, including Sweden (2,350), Germany (1,038), the UK (964), Italy (891), Poland (583), the Netherlands (474), the USA (462), Latvia (411), Finland (365), Norway (251) and Denmark (192); 2,135 employees were in other countries [22](https://app.finbar.com/go?id=T10707357).
[17](https://app.finbar.com/go?id=P38248519)[18](https://app.finbar.com/go?id=P42397314)[19](https://app.finbar.com/go?id=P24323655)[20](https://app.finbar.com/go?id=T6856404)[21](https://app.finbar.com/go?id=P29716222)[22](https://app.finbar.com/go?id=T10707357)

## Business segments

Latour reports two top-level components: wholly owned industrial operations and an investment portfolio. The industrial operations are divided into seven business areas. [23](https://app.finbar.com/go?id=P54899928)[24](https://app.finbar.com/go?id=P105446611)

For 2025, the business areas’ approximate shares of the industrial operations’ reported net sales of SEK 28,145 million were: Bemsiq Group, building automation and energy monitoring, 7.6%; Caljan, logistics loading and unloading solutions, 5.5%; Hultafors Group, professional tools, workwear and safety products, 23.9%; Innovalift, elevator products and components, 12.2%; Latour Industries, a diversified group of industrial businesses, 7.0%; Nord-Lock Group, bolting and secure bolted-joint solutions, 7.4%; and Swegon, indoor-climate solutions, 36.5%. [25](https://app.finbar.com/go?id=T4995971)[6](https://www.latour.se/en/holdings/wholly-owned-operations)[26](https://www.latour.se/en/holdings/wholly-owned-operations/bemsiq)[27](https://www.latour.se/en/holdings/wholly-owned-operations/hultafors-group) The percentages are approximate and calculated from the reported business-area sales; the figures include SEK 18 million of eliminations in the reported total. [25](https://app.finbar.com/go?id=T4995971)
[23](https://app.finbar.com/go?id=P54899928)[24](https://app.finbar.com/go?id=P105446611)[25](https://app.finbar.com/go?id=T4995971)[6](https://www.latour.se/en/holdings/wholly-owned-operations)[26](https://www.latour.se/en/holdings/wholly-owned-operations/bemsiq)[27](https://www.latour.se/en/holdings/wholly-owned-operations/hultafors-group)[6](https://www.latour.se/en/holdings/wholly-owned-operations)[26](https://www.latour.se/en/holdings/wholly-owned-operations/bemsiq)[27](https://www.latour.se/en/holdings/wholly-owned-operations/hultafors-group)

## Company history

Investment AB Latour traces its origins to 1985, when the Douglas family took control of AB Hevea after selling its stake in the Skrinet Group. Hevea’s holdings included Securitas, Trelleborg, Boliden and Almedahl-Dahlsjöfors; the family used it as the platform for its new investment venture. In 1987, AB Hevea changed its name to Investment AB Latour. [28](https://app.finbar.com/go?id=P63447934)[29](https://www.latour.se/en/about/history/latours-history-in-brief)[30](https://www.latour.se/en/about/history)

In 1993, Latour completed its acquisition of Almedahl-Fagerhult, raising its ownership from 38% to 100%. Its official history also records acquisitions in 1994 including Nobex AB (Nord-Lock AB), Swegon and Aneta AB. [29](https://www.latour.se/en/about/history/latours-history-in-brief)[30](https://www.latour.se/en/about/history)

Latour acquired a 26.7% shareholding in Alimak Group in 2017. Johan Hjertonsson became President and CEO in 2019. In 2022, Latour acquired additional Securitas shares in connection with the company’s share issue, for just over SEK 1 billion. [31](https://news.cision.com/investment-ab-latour/r/latour-acquires-shares-in-alimak-group%2Cc2347104)[32](https://app.finbar.com/go?id=P113487478)[30](https://www.latour.se/en/about/history)

In 2024, Latour reported nine acquisitions in its wholly owned operations, including Swegon’s acquisition of HC Groep and Bemsiq Group’s acquisitions of Armstrong and QEL. In 2025, the group acquired American Geothermal. [30](https://www.latour.se/en/about/history)[33](https://www.latour.se/~/media/Files/L/latour/documents/about/latour-annual-report-2024.pdf)[34](https://app.finbar.com/go?id=P15888008)
[28](https://app.finbar.com/go?id=P63447934)[32](https://app.finbar.com/go?id=P113487478)[34](https://app.finbar.com/go?id=P15888008)[29](https://www.latour.se/en/about/history/latours-history-in-brief)[30](https://www.latour.se/en/about/history)[31](https://news.cision.com/investment-ab-latour/r/latour-acquires-shares-in-alimak-group%2Cc2347104)[33](https://www.latour.se/~/media/Files/L/latour/documents/about/latour-annual-report-2024.pdf)

## Sources

1. [LATOUR INVESTMENT B — Full financial report (2025 Y), p76](https://app.finbar.com/go?id=P110190240)
2. [www.latour.se](https://www.latour.se/en/about/operations)
3. [LATOUR INVESTMENT B — Full financial report (2025 Y), p80](https://app.finbar.com/go?id=P30989173)
4. [LATOUR INVESTMENT B — Partial financial report (2026 Q 1), p14](https://app.finbar.com/go?id=P59587773)
5. [LATOUR INVESTMENT B — Full financial report (2025 Y), p93](https://app.finbar.com/go?id=P47860444)
6. [www.latour.se](https://www.latour.se/en/holdings/wholly-owned-operations)
7. [bemsiq.com](https://bemsiq.com/en/companies)
8. [caljan.com](https://caljan.com/technology/caljan-performer/)
9. [www.hultaforsgroup.com](https://www.hultaforsgroup.com/our-brands)
10. [www.latour.se](https://www.latour.se/en/holdings/wholly-owned-operations/innovalift)
11. [newsroom.nord-lock.com](https://newsroom.nord-lock.com/)
12. [www.nord-lock.com](https://www.nord-lock.com/nord-lock/original-wedge-locking-washers-product/)
13. [www.swegon.com](https://www.swegon.com/products/)
14. [www.swegon.com](https://www.swegon.com/products/air-handling/air-handling-units/gold/gold-rxhc/)
15. [www.latour.se](https://www.latour.se/en/holdings/wholly-owned-operations/latour-industries)
16. [LATOUR INVESTMENT B — Partial financial report (2026 Q 1), p5](https://app.finbar.com/go?id=T8791325)
17. [LATOUR INVESTMENT B — Partial financial report (2026 Q 1), p7](https://app.finbar.com/go?id=P38248519)
18. [LATOUR INVESTMENT B — Partial financial report (2026 Q 1), p8](https://app.finbar.com/go?id=P42397314)
19. [LATOUR INVESTMENT B — Partial financial report (2026 Q 1), p3](https://app.finbar.com/go?id=P24323655)
20. [LATOUR INVESTMENT B — Partial financial report (2026 Q 1), p10](https://app.finbar.com/go?id=T6856404)
21. [LATOUR INVESTMENT B — Full financial report (2025 Y), p113](https://app.finbar.com/go?id=P29716222)
22. [LATOUR INVESTMENT B — Full financial report (2025 Y), p126](https://app.finbar.com/go?id=T10707357)
23. [LATOUR INVESTMENT B — Full financial report (2025 Y), p27](https://app.finbar.com/go?id=P54899928)
24. [LATOUR INVESTMENT B — Full financial report (2025 Y), p79](https://app.finbar.com/go?id=P105446611)
25. [LATOUR INVESTMENT B — Full financial report (2025 Y), p36](https://app.finbar.com/go?id=T4995971)
26. [www.latour.se](https://www.latour.se/en/holdings/wholly-owned-operations/bemsiq)
27. [www.latour.se](https://www.latour.se/en/holdings/wholly-owned-operations/hultafors-group)
28. [LATOUR INVESTMENT B — Full financial report (2025 Y), p3](https://app.finbar.com/go?id=P63447934)
29. [www.latour.se](https://www.latour.se/en/about/history/latours-history-in-brief)
30. [www.latour.se](https://www.latour.se/en/about/history)
31. [news.cision.com](https://news.cision.com/investment-ab-latour/r/latour-acquires-shares-in-alimak-group%2Cc2347104)
32. [LATOUR INVESTMENT B — Full financial report (2025 Y), p36](https://app.finbar.com/go?id=P113487478)
33. [www.latour.se](https://www.latour.se/~/media/Files/L/latour/documents/about/latour-annual-report-2024.pdf)
34. [LATOUR INVESTMENT B — Full financial report (2025 Y), p150](https://app.finbar.com/go?id=P15888008)

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