04 Nov 2025

"Nordomatic Expands into Baltic Market with Acquisition of Echoo Group SIA"

"Nordomatic, the largest independent provider of Building Management Systems, has expanded into the Baltic market by acquiring Latvia-based Echoo Group SIA, a leading supplier of automation and building management solutions. This move supports the development of smart buildings in the region and positions Nordomatic to meet growing demand for energy-efficient solutions. Legal support for the transaction was provided by COBALT."

COBALT provided legal support to Nordomatic in its acquisition of Echoo Group SIA, a leading supplier and developer of engineering solutions for automation, electrical, and building management systems based in Latvia. The transaction represents a strategic move for Nordomatic, the world’s largest independent provider of Building Management Systems (BMS), as it expands into the Baltic market. This acquisition enhances Nordomatic’s presence in the region, where demand for energy and operational efficiency solutions in buildings is rapidly growing, offering significant growth opportunities. The COBALT team assisting Nordomatic was led by Partner Guntars Zīle and Senior Associate Diāna Zepa. The team also included Senior Associates Inga Tenisa, Agnese Gerharde, Ivo Maskalāns, Kristīne Rāviņa, and Artūrs Valderšteins; Specialist Counsel Līga Fjodorova; and Associates Vadims Zvicevičs and Toms Dreika.
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