Horstmann, the manufacturer of domestic and commercial heating controls for electrical and gas heating systems, has joined the Entity Group. The move creates the UK's most advanced, interoperable range of smart metering and home control solutions.
Long established, Horstmann has a pre-eminent position in the UK for smart metering and demand side energy management products, which use the UK Radio Teleswitch system. Entity Group's UK interests include PRI, which shares the same vision and strategic synergy for smart metering and home energy controls. Each business remains focused on its own customer base and markets.
Individually, PRI and Horstmann are recognised as leaders of the smart metering agenda and have several live UK projects. By promoting smart metering's benefits, both businesses see energy conservation through active involvement of domestic energy users, as a key element of the climate change debate.
Sanjaya Singhal, Entity Group's CEO comments: "Horstmann is a perfect fit for our strategy to deliver Smart metering in the UK - and for our global Advanced Metering Infrastructure (AMI) roadmap. Its experience and knowledge of home controls and display devices, combined with a strong development team, will develop the company as a centre of excellence in these areas."
Horstmann will still be led by managing director Les Woolner and engineering and operations director Andy Deeming. Mr Woolner says: "This move provides us with the necessary technological and financial resources to address the rapidly developing Smart metering market - and build our position in heating controls. With our success in bringing new products and services to market, as part of the Entity Group, we will respond even more quickly to the challenges ahead."
Note to Editors
About Horstmann
Based in Bristol, UK, where its R&D, design, manufacturing, sales and support functions are located, the company has a 150-strong teamchieved profitable sales of £12 million (last financial year).
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About the Entity Group
The Entity Group provides intelligent metering solutions to over 50 countries worldwide, with a group turnover of over US$200 million.
The Group has companies in the UK, India, Sweden, Australia, Singapore, Middle East.
It has one of the world's largest and highly regarded R&D resources - its 400-strong technical team is dedicated to intelligent energy management solutions (hardware/software) for energy providers/users.
About PRI
Queen's Award winner for enterprise, PRI is based in Winchester, Hampshire, UK and provides dual fuel utility metering systems and energy management services.
Its 60-strong team delivered profitable sales of £12 million (last financial year).
Further details available from: .
