Creating the leading platform in Europe to manage all building connectivity
At IWMAC we’ve been helping companies to reduce both their energy consumption and product losses since 2001. We do that by giving them back control. Through smart solutions for web-based monitoring, they get a complete overview of their technical installations. This saves our customers from expensive waste, and the environment from emissions.
We may be a technology group, but first and foremost we’re a problem solver. For the grocery store on the corner and for large international companies.
Property management specialists IWMAC, Egain, Cebyc and Moldeo recently joined forces to become leaders within proptech in Europe. The vision of the new company is to make a big impact in the fight against climate change by offering the smartest and most cost-efficient proptech platform on the market. Through innovative connectivity that monitors, controls and optimizes both the use of energy and organisations, Europe’s existing building mass is now set to become part of the solution for the future.
We know that buildings account for 40% of Europe’s energy consumption and that 36% of emissions emanate from them. We also know that 75% of Europe’s buildings are energy inefficient and that 95% of these will still be in use by 2050. In addition, 20% of all food in Europe is wasted or lost in production and distribution.
These troubling facts represent a great opportunity for us as a united force within property management. Bringing together our specialized expertise and technical platforms, we go to market with an unparalleled offer when it comes to energy and resource optimization.
We aim to turn these challenges into opportunities.
About the Group
The new company is a leading SaaS company with the vision to make a big impact in the fight against climate change by offering the smartest and most cost-efficient proptech platform on the market. Around 33,000 commercial, industrial, residential and public buildings and 3,000 grocery stores in Northern Europe are already daily users of either an IWMAC, Egain, Cebyc or Moldeo solution for various energy control levels, efficiency and reporting. In 2020 the combined turnover of the four companies exceeded € 19 million.
After the acquisition of Moldeo, the company will have offices in seven countries with a total of 135 employees. Through innovative connectivity that monitors, controls and optimizes both the use of energy and organisations, Europe’s existing building mass is now set to become part of the solution for the future.
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