Latour
Investment AB Latour is a Swedish industrial holding company that owns and develops a portfolio of wholly owned industrial businesses alongside listed holdings. Its industrial platform includes companies in building technology, lift solutions, fastening systems, hand tools, and related industrial niches, with operations and sales spread across Europe, North America, and other international markets.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueSensors, controls, metering and connected products for commercial buildings.
Platform lifts, elevator components, installation and service for accessibility.
Industrial locking and fastening products used in machinery and structures.
Tools, storage, and related products sold through industrial and retail channels.
Long-term ownership of listed holdings and development of industrial businesses.
Customers
Latour sells mainly to professional and industrial customers that need technical products for buildings, lifting, fastening, and maintenance. End markets include commercial buildings, residential and public accessibility projects, construction, infrastructure, and general industry. The listed holdings also expose the group to capital market investors and portfolio valuation dynamics.
Buy sensing, control and metering products for energy, comfort and indoor climate management.
Buy platform lifts, elevator components and service for homes, public buildings and modernization.
Buy fastening systems, tools and related products for assembly, maintenance and construction.
Purchase products for onward sale into fragmented industrial and building markets.
Hold or trade the listed portfolio that forms part of Latour's investment business.
Strategy
Latour's strategy is built around long-term ownership, decentralized decision-making and active development of industrial businesses. The group emphasizes acquisitions, product development, digitalization and sustainability, while using its financial strength to invest through the cycle. It also develops standalone business areas over time, turning successful industrial platforms into larger, more independent units.
Acquisitions expand the portfolio and add new technical niches and geographies.
Operational improvements and product development strengthen competitiveness and resilience.
Sustainability is tied to customer demand, talent attraction and long-term ownership.
Separating mature units into business areas supports accountability and value creation.
Geography
Latour is headquartered in Sweden and has a broad Nordic base, but its industrial businesses sell internationally across Europe, North America and other markets. The reports show meaningful revenue in Sweden, the rest of the Nordics, Germany, the UK, the rest of Europe and the US, which makes regional construction and industrial cycles important to demand. This geographic spread reduces dependence on one market, while also exposing the group to currency, trade and macroeconomic differences across regions.
Risks
Latour's main risks come from market value swings in its listed holdings, macroeconomic weakness in construction-linked end markets, and exposure to exchange rates, interest rates and inflation. The industrial businesses also face supply-chain disruption, geopolitical uncertainty, and demand variability across regions and customer niches. Because the group owns many businesses, individual risks are diversified, but large holdings and construction-related exposure can still move results materially.
- Construction and property cycle weaknessImpact: HighLikelihood: Medium
Several businesses sell into building-related markets that slow in downturns.
Exposure - Market value volatility in listed holdingsImpact: HighLikelihood: Low
A large part of the group is exposed to fair value changes in portfolio companies.
Exposure: Listed investment portfolio
- Geopolitical and trade disruptionImpact: MediumLikelihood: Medium
Global uncertainty can affect demand, logistics, sourcing and customer investment decisions.
Exposure - Foreign exchange and interest rate movementsImpact: MediumLikelihood: Low
The group operates across multiple currencies and is exposed to financing and valuation effects.
Exposure: International industrial operations and portfolio
Accounting
Judgemental itemsPortfolio revaluations can materially affect reported profit without changing cash flow.
Impact: Income statement volatility
Acquired businesses carry goodwill that depends on future cash flow assumptions.
Impact: Potential non-cash write-downs
Contingent consideration from acquisitions can change the carrying value of liabilities and profit.
Impact: Reported earnings and balance sheet
Some contracts are recognized over time while others are recognized at delivery.
Impact: Quarterly comparability and order-to-revenue conversion
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Last updated: 24/09/2026