SHC designs, manufactures, installs and maintains intelligent 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. 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, who will help to transfer operations and key staff from Uckfield, Sussex, to ENER-G Control’s office in Horsham, Sussex.
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 ENER-G’s 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.”
UK, Lancashire & Sussex
- ENER-G Group looking to fund growth – rules out IPO Posted on October 27, 2010