3d investors, through its subsidiary House of Thor, successfully completed the acquisition of Zenitel NV, enabling the company to focus on long-term growth and strategic initiatives.

Target Information

The target of this acquisition is Zenitel NV, a leader in the development and commercialization of intelligent communication systems that emphasize safety, reliability, and audio quality. With nearly 120 years of industry experience, Zenitel has established itself as a trusted provider of public address systems, intercom solutions, and two-way radios. Their products are designed to integrate seamlessly with security systems, enabling end-users and integrators to create holistic and comprehensive safety solutions, which often include access control, video surveillance, and other related technologies.

Zenitel operates with a workforce of approximately 300 people and has its operational headquarters located in Norway. The company markets its offerings under the brands Vingtor-Stentofon and Phontech. Its diverse clientele includes security services, enterprises, organizations in the transport and maritime sectors, healthcare institutions, and industrial enterprises.

Industry Overview in Belgium

Belgium possesses a robust communication systems industry, driven by the increasing demand for integrated safety solutions across various sectors including transportation, healthcare, and industrial enterprises. The co