Acquisition puts ENER-G in control
ENER-G has acquired the business assets of SmartHome Controls (SHC) as part of the international group’s strategic growth programme.
SHC designs, manufactures, installs and maintains intelligent heating, ventilation, air conditioning (HVAC) and lighting control systems to promote energy efficiency in high-end residential properties.
The business will form part of the ENER-G Controls business, which is already a market leader in the commercial building energy controls sector. This acquisition enables them to gain entry to the residential controls market and provide a one-stop-shop for building controls technology and services for all sectors.
ENER-G Controls already designs and manufactures the management systems that form the spine of SHC’s residential automation operations. A new advanced range of control products will be introduced in the near future, as part of their ongoing commitment to enhancing and extending its energy management technology.
Gary Dowsett, Director of Business Development and Marketing at ENER-G Controls, will manage the enlarged business, supported by David Fryer, former owner of SHC.
Commenting on the acquisition, Dr Cedric Rodrigues, Managing Director of ENER-G’s Energy Management Division said: “SHC has a strong customer and installer base, which is important for us to develop the considerable growth opportunities in the fast-expanding residential energy controls sector. We will be expanding our activity in both the new-build market as well as the retro-fit and upgrade sector.
“This transaction is part of our ongoing programme of targeted growth and will allow us to benefit from major synergies on a number of levels, including the development of control technology, installation of systems, remote monitoring, and servicing support from our specialist engineers. The solutions delivered by SHC to the high-end residential market are directly comparable with our commercial solutions, especially in sectors such as hotels and leisure. I am confident that this acquisition will add significant value to our business.”