Centralization of laundry operations
We are pleased to announce the establishment of our new subsidiary, Kombine Technology ApS, which originally constituted Nortec's development department. This expansion is part of our investment in the British laundry company, WASHCO, and therefore, WASHCO has also become part of Kombine.
In 2000, we were the first on the market to offer our customers a laundry solution based on an IoT platform. Kombine Technology will maintain and further develop the platform, which aims to centralize operations and collect data from all machines in the laundry, regardless of brand and model. The collected data helps optimize the user experience and streamline workflows related to the servicing and administration of laundries – benefiting both customers and users.
Distribution of ownership shares
Nortec is the primary owner of Kombine Technology with a 69% ownership share, while WASHCO, Nortec's partner, holds a 23% ownership share.
The remaining ownership shares in Kombine Technology belong to Jens Aage Arendt. Jens has been part of Nortec's development department for over 17 years and has played a central role in developing and shaping the platform to what it is today.
Intensiveret fokus på innovation
Thomas Larsen, former co-owner of the laundry company Service Centralen A/S and business unit manager at Nortec, has been appointed CEO of Kombine Technology.
With more than 20 years of experience in the laundry industry and a background in software development and international sales, Thomas is the right person to introduce Kombine Technology to the market.
Michael Sand, CEO and owner at Nortec
"We aim to continue developing our laundry solution to best meet our customers' current and future needs. At the same time, we strive to adapt the platform to new markets – including the British market, where WASHCO will play a significant role," Thomas continues.
By transforming the development department into an independent company, we can intensify our focus on innovation.
Thomas Larsen, CEO at Kombine Technology
Kombine Technology ApS remains an integrated part of Nortec and retains its place at Nortec's headquarters in Vejle. The expansion will not affect Nortec's customers or users.