Samsung Ventures Invests in Distech Controls
South Korea's Samsung Ventures Investment Corp. has invested in Brossard, Québec-based Distech Controls Inc., a developer of building management technologies and services for optimizing energy efficiency. Samsung joined the Caisse de dépôt et placement du Québec, EnerTech Capital, Export Development Canada, Fonds de solidarité des travailleurs du Québec (FTQ) and W2 Investments in the $38 million financing announced in March. Funds will be used to accelerate Distech's global growth and development, which includes making acquisitions.
28 May 2013•3 mins read
