Etalon Group announces the acquisition of a 35% stake in QB Technology, with an option to further increase its ownership share.
QB Technology is an innovative UK-based high-tech modular construction company that provides a full range of services for the design, installation and finishing of residential and commercial modular buildings. The technology used by the company enables the construction of buildings of various formats and functional purposes, including housing projects, build-to-rent housing, hotels and student dormitories.
The acquisition of a stake in QB Technology is in line with Etalon Group’s strategy for the digital and technological transformation of its business through proprietary solutions and innovation in collaboration with other companies. The development of modern technology for modular housing construction is one of the company’s priorities in terms of improving its product. The transaction gives Etalon Group access to this technology and makes it possible to adapt the technology as efficiently as possible for use in the Russian market on the basis of its partner’s experience.