iLOQ to start significant collaboration with Bonava

iLOQ has signed an agreement with leading residental developer Bonava Finland Oy. Under the agreement, the majority of new buildings developed by Bonava will be equipped with iLOQ’s unique digital locking and access control solutions. The agreement is initially valid until the end of 2020.

“We are happy about the upcoming collaboration. The new agreement with Bonava shows that digital access control has made its way into new construction. Digital access management will replace mechanical locking in the future, and this is a change where iLOQ is at the very forefront. The agreement is also a strong indication of us reaching a point in our growth where we are more strongly present in the production of new buildings,” says Heikki Hiltunen, President & CEO of iLOQ.

iLOQ will supply unique self-powered locking and access management solutions to buildings developed by Bonava. The agreement aims to increase collaboration between iLOQ and Bonava and makes iLOQ’s self-powered locking and access management solutions available to an increasing number of tenants.

“This is a fine step for Bonava and provides a good starting point for future living solutions. Bonava wants tenants to be able to move around in their neighbourhood easily and safely, which is possible with a digital locking system. With iLOQ’s locking system, the tenant can, for example, move around the neighbourhood using a single key with access rights that can be modified. New lock series are not necessary if the key is lost and using the key also leaves a mark that makes it easy to track possible misuses,” says Kaisu Nousiainen, Head of Design and R&D at Bonava.

Digital access management makes everyday life easier for tenants

“Digital locking and access management are strongly linked with the living of the future, and we are a pioneer in the digitalisation of the locking industry. People are interested in smart home technology. Digital development makes the everyday lives of tenants and other users significantly easier. Due to the collaboration, an increasing number of tenants are able to enjoy the security digital access management brings,” states Toni Päivinen, Head of Sales Finland at iLOQ.

Additional information

  • Toni Päivinen, Head of Sales, iLOQ Oy, Tel: +358403170232, paivinen@iLOQ.com
  • Kai Hämeenniemi, Purchasing Manager, Bonava Finland Oy, Tel: +358400230381, hameenniemi@bonava.com
  • Joanna Linnermo-Kumpuoja, Communications Manager, Bonava Finland Oy, Tel: +358405555868 or viestinta@bonava.fi

iLOQ in brief

iLOQ is a rapidly growing Finnish company that is leading the technological revolution in the digital locking industry. iLOQ transforms mechanical locks into digital and mobile access management. iLOQ solutions are based on technologies developed and patented by the company, enabling electronic and mobile locking without batteries or cables. iLOQ replaces mechanical and electromechanical locking systems with environmentally friendly solutions that solve the problems of lost or copied keys, lock maintenance and lifecycle costs.

Bonava

Bonava is a leading residential development company in Northern Europe. Born out of NCC, Bonava has been creating homes and neighbourhoods since the 1930’s. Today Bonava has 1,400 employees and operates in Sweden, Finland, Denmark, Norway, Germany, St. Petersburg, Estonia and Latvia with sales of SEK 13 billion.

Bonava’s shares are listed on Nasdaq Stockholm. www.bonava.fi

 

 

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