- Business
- StrongPoint ASA (STRO.OL) provides retail technology solutions focused on grocery and retail operations, including in-store cash management and payment systems such as CashGuard; electronic shelf labels; AI-powered self-checkouts; task and labor management software; e-commerce logistics encompassing order picking, automated fulfillment with AutoStore integration, warehouse management, and home delivery; click-and-collect temperature-controlled grocery lockers; in-store and drive-thru pickup solutions; shopfloor technologies like scales, wrapping systems, and voice communication; and warehouse optimization tools. Founded in 1985 and headquartered in Oslo, Norway, the company employs over 500 people with full-scale sales, service, and support operations in nine countries including Norway, Sweden, the Baltics, Finland, Spain, the UK, and Ireland, alongside partner networks extending to more than 20 countries overall. StrongPoint targets grocery retailers and serves major clients such as ICA, Coop, Rema 1000, Circle K, Rewe, and Sainsbury's.
In recent developments, StrongPoint announced a multifaceted international partnership with VusionGroup SA in December 2024, integrating its end-to-end e-commerce platform into VusionGroup's Retail IoT Cloud and positioning StrongPoint as a value-added reseller of VusionGroup solutions starting June 2025. The company reported robust Q2 2025 results with revenue up 18% year-over-year to NOK 350 million, positive EBITDA of NOK 7.4 million, and recurring revenue growth of 16%, driven by expansions in the UK & Ireland, Sweden, and the Baltics, alongside key wins like order-picking rollouts for Carrefour Belgium and self-checkouts for Coop Estonia. Earlier expansions included the 2022 acquisition of Air Link Systems for UK & Ireland market entry and the 2023 purchase of Brand ID Hamari Group to establish operations in Finland.