Shelly

EQS-News: Shelly Group to acquire additional 16% stake in its Slovenian subsidiary Shelly Tech (formerly GOAP d.o.o.)

Retrieved on: 
Wednesday, March 13, 2024

Sofia / Munich, 22 February 2024 – Shelly Group AD (Ticker SLYG / ISIN: BG1100003166 ) (“Shelly Group”), has exercised a call option to acquire an additional 16% stake of the share capital of its Slovenian IoT subsidiary Shelly Tech (formerly GOAP Računalniški inženiring in avtomatizacija procesov d.o.o.

Key Points: 
  • Sofia / Munich, 22 February 2024 – Shelly Group AD (Ticker SLYG / ISIN: BG1100003166 ) (“Shelly Group”), has exercised a call option to acquire an additional 16% stake of the share capital of its Slovenian IoT subsidiary Shelly Tech (formerly GOAP Računalniški inženiring in avtomatizacija procesov d.o.o.
  • Nova Gorica) (the “Target Company”).
  • The total purchase price for the 16% stake under the exercised call option amounts to EUR 586,666.30 calculated in accordance with the conditions of the option agreement.
  • The remaining 24% of the shares in the Target Company held by three individual shareholders are subject to a further call/put option exercisable in 2026 under the agreed terms.

Shelly Group premiers a wide range of new products at Light and Building 2024

Retrieved on: 
Tuesday, February 27, 2024

SOFIA, Bulgaria and MUNICH, Feb. 27, 2024 /PRNewswire/ -- Shelly Group AD (Ticker: SLYG / ISIN: BG1100003166) ("the Company" / "Shelly Group"), a provider of IoT and smart building solutions based in Sofia, Bulgaria, reveals more than 10 new products at Light and Building 2024, the international event with focus on lighting trends, the electrification and digitalization of home and building service technology and connected security technology. The new IoT devices cover different communication protocols from Bluetooth to Z-Wave to enable seamless automation in indoor and outdoor settings. 

Key Points: 
  • The all-new Shelly BLU H&T sensor strikes with a compact size that measures temperature and humidity levels with utmost precision.
  • Shelly BLU H&T is built to withstand dust and water, making it reliable for both indoor and outdoor settings.
  • "Creating new products is in the DNA of our company and we've put a lot of passion into the latest Shelly and Shelly Qubino products.
  • Shelly Group AD is a technology holding company that stands for innovation through the development, manufacture, and distribution of high-quality IoT products.

Shelly Group premiers a wide range of new products at Light and Building 2024

Retrieved on: 
Tuesday, February 27, 2024

SOFIA, Bulgaria and MUNICH, Feb. 27, 2024 /PRNewswire/ -- Shelly Group AD (Ticker: SLYG / ISIN: BG1100003166) ("the Company" / "Shelly Group"), a provider of IoT and smart building solutions based in Sofia, Bulgaria, reveals more than 10 new products at Light and Building 2024, the international event with focus on lighting trends, the electrification and digitalization of home and building service technology and connected security technology. The new IoT devices cover different communication protocols from Bluetooth to Z-Wave to enable seamless automation in indoor and outdoor settings. 

Key Points: 
  • The all-new Shelly BLU H&T sensor strikes with a compact size that measures temperature and humidity levels with utmost precision.
  • Shelly BLU H&T is built to withstand dust and water, making it reliable for both indoor and outdoor settings.
  • "Creating new products is in the DNA of our company and we've put a lot of passion into the latest Shelly and Shelly Qubino products.
  • Shelly Group AD is a technology holding company that stands for innovation through the development, manufacture, and distribution of high-quality IoT products.

Shelly Set to Launch Next Generation Products at CES 2024

Retrieved on: 
Wednesday, January 3, 2024

SOFIA, Bulgaria and LAS VEGAS, Jan. 3, 2024 /PRNewswire/ -- Shelly Group AD (Ticker: SLYG / ISIN: BG1100003166) ("the Company" / "Shelly Group"), a provider of IoT and smart building solutions based in Sofia, Bulgaria, announces the launch of its highly anticipated Gen3 products at the Consumer Electronics Show 2024. The new IoT devices are designed to reshape how users interact with their smart homes and businesses, offering more memory, compatibility, and extended functionalities.

Key Points: 
  • Within the Shelly Smart Control app, consumers can now create virtual devices, integrating non-Shelly products into a unified control system.
  • "We are thrilled to showcase our next generation products at CES 2024."
  • At CES 2024, Shelly Group will present more than 10 products, some with Z-wave wireless communication protocol, to answer the growing needs of its U.S. customers.
  • To learn more about Shelly Group and its latest generation of smart automation solutions for home and work, visit Shelly Group's website at www.shelly.com/en-us, or join them at CES 2024 in Las Vegas from January 9th to 12th, Booth #53517 at the Venetian.

Shelly Set to Launch Next Generation Products at CES 2024

Retrieved on: 
Wednesday, January 3, 2024

SOFIA, Bulgaria and LAS VEGAS, Jan. 3, 2024 /PRNewswire/ -- Shelly Group AD (Ticker: SLYG / ISIN: BG1100003166) ("the Company" / "Shelly Group"), a provider of IoT and smart building solutions based in Sofia, Bulgaria, announces the launch of its highly anticipated Gen3 products at the Consumer Electronics Show 2024. The new IoT devices are designed to reshape how users interact with their smart homes and businesses, offering more memory, compatibility, and extended functionalities.

Key Points: 
  • Within the Shelly Smart Control app, consumers can now create virtual devices, integrating non-Shelly products into a unified control system.
  • "We are thrilled to showcase our next generation products at CES 2024."
  • At CES 2024, Shelly Group will present more than 10 products, some with Z-wave wireless communication protocol, to answer the growing needs of its U.S. customers.
  • To learn more about Shelly Group and its latest generation of smart automation solutions for home and work, visit Shelly Group's website at www.shelly.com/en-us, or join them at CES 2024 in Las Vegas from January 9th to 12th, Booth #53517 at the Venetian.

One World Products Inc. Partners With Stephen Marley’s Kx Family Care for Strategic Partnership

Retrieved on: 
Thursday, December 14, 2023

MIAMI, FL, Dec. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – One World Products, Inc., a fully-licensed hemp and cannabis producer in Colombia and ascendant international hemp and cannabis company and  Kx Family Care, a CBD-enriched, family-focused personal care product line created by Stephen Marley and Shelly O'Neill, today announced their strategic partnership in which One World Products is expected to become the singular producer and distributor of Kx Family Care in Columbia and Latin America.

Key Points: 
  • Kx Family Care and $OWPC Forge Strategic Alliance, Amplifying Global Reach in Wellness Sector
    MIAMI, FL, Dec. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – One World Products, Inc .
  • , a fully-licensed hemp and cannabis producer in Colombia and ascendant international hemp and cannabis company and Kx Family Care , a CBD-enriched, family-focused personal care product line created by Stephen Marley and Shelly O'Neill, today announced their strategic partnership in which One World Products is expected to become the singular producer and distributor of Kx Family Care in Columbia and Latin America.
  • Building on this exclusive partnership, One World Products will be leveraging its state-of-the-art facilities within the Colombian Free Trade Zone to produce Kx Family Care products.
  • The two entities will engage in collaborative efforts to market and distribute Kx Family Care products.

Zendure Achieves Breakthrough Integration with Shelly Pro 3EM, Shelly 3EM, Shelly Plus Plug S, Shelly Plug S, Enhancing Smart Energy Management

Retrieved on: 
Monday, November 13, 2023

BERLIN, Nov. 13, 2023 /PRNewswire/ -- A fast-growing EnergyTech start-up Zendure and IoT specialist Shelly Group have taken a significant step forward in clean energy management.

Key Points: 
  • BERLIN, Nov. 13, 2023 /PRNewswire/ -- A fast-growing EnergyTech start-up Zendure and IoT specialist Shelly Group have taken a significant step forward in clean energy management.
  • Initially announcing their strategic partnership at IFA in September 2023, they have now successfully integrated four Shelly products - Shelly Pro 3EM, Shelly 3EM, Shelly Plus Plug S, and Shelly Plug S into Zendure's ZEN+ Home Energy Hub.
  • ZEN+ Home Energy Hub, by Zendure, characterized by its openness, intelligence, and plug-and-play, is a smart energy management ecosystem that puts you in control while delivering sustainability and cost savings.
  • The collaboration between Zendure and Shelly symbolizes a forward leap into the future of smart home energy management.

EQS-News: Shelly Group expands production capacity taking into account further growing demand

Retrieved on: 
Tuesday, November 7, 2023

To increase supply volumes accordingly for the upcoming Black Friday and Christmas shopping season, Shelly ramped up two new production lines at its partner factory in China, which will also provide capacity for planned growth in 2024.

Key Points: 
  • To increase supply volumes accordingly for the upcoming Black Friday and Christmas shopping season, Shelly ramped up two new production lines at its partner factory in China, which will also provide capacity for planned growth in 2024.
  • The two new production lines represent a potential revenue contribution of up to EUR 30 million per year.
  • Dimitar Dimitrov, Co-CEO of Shelly Group: “We are very pleased so soon after the recent announcement of more than 10 million units sold that we can now announce an expansion of our production capacity driven by current demand.
  • As such, we are very proud of the increasing demand for our energy management solutions and products from industrial and professional users.

EQS-News: Shelly Group tops mark of 10 million smart home devices sold for first time in Company's history

Retrieved on: 
Tuesday, October 17, 2023

Compared to year-end 2022, the total number of Shelly devices sold thus increased by around 2.5 million alone.

Key Points: 
  • Compared to year-end 2022, the total number of Shelly devices sold thus increased by around 2.5 million alone.
  • The number of Shelly app users increased by around 63% to 1.1 million in the same period.
  • Dimitar Dimitrov, Co-CEO and Co-Founder of Shelly Group: “I am more than proud of what we have achieved in less than five years since the launch of the first Shelly products.
  • More than 10 million devices sold to date and a steadily growing customer base of 1.1 million users of our Shelly App speak for themselves.

Canada's Fashion Elite Celebrated the 20th Anniversary of Cashmere Collection: Lovestruck

Retrieved on: 
Wednesday, October 4, 2023

TORONTO, Oct. 4, 2023 /CNW/ - Love was in the air at the 20th anniversary of Kruger Products' historic Cashmere Collection.

Key Points: 
  • TORONTO, Oct. 4, 2023 /CNW/ - Love was in the air at the 20th anniversary of Kruger Products' historic Cashmere Collection.
  • Over two decades, the Cashmere Collection has united Canada's fashion community in support of the breast cancer cause.
  • "The Cashmere Collection is a beloved mainstay that inspires Canadians through fashion while raising awareness and funds for the fight against breast cancer," says Susan Irving, CMO Kruger Products.
  • The award-winning Cashmere Collection, featured a diverse range of Canadian-based talent, showcasing inspirational, inclusive, and fashion-forward design aesthetics from across the country.