ENP Newswire -
Release date- 08102013 - E.ON Connecting Energies, the global unit of E.ON focusing on energy efficiency and on-site energy generation for businesses, has today announced the completion of its agreement to acquire Matrix, the
The transaction has been approved by the Austrian merger control regulator, with E.ON Connecting Energies completing the acquisition of Matrix on Friday 4th October.
Founded in 2003, Matrix has helped blue-chip corporate and public sector customers to reduce their energy consumption in commercial buildings by up to 40% through data-led energy efficiency and energy management services, based on its advanced metering and building energy management technologies.
Matrix currently has 31,000 data connections to customer sites in 22 countries around the world. Currently about 340 staff are employed in nine sites across the
Commenting on the completion of the deal,
'We share a common vision. We share also a common passion for delivery and for engineering excellence. We bring on-site generation while Ian and his team are bringing energy efficiency practice. We bring our customer reach, Ian brings his entrepreneurial spirit, so in many ways we complement each other.'
'Getting together with E.ON will make our combined business much stronger. E.ON has the international presence as well as the breadth and depth of energy technology expertise that will allow us to move from a leading national player to a leading global player in the B2B energy efficiency space.'
Matrix is a leading energy management company, specialising in integrated energy solutions incorporating data, remote asset management and capital investments. Matrix enables large corporate clients including corporates in Retail, Banking, Telecommunications and Media, to reduce their energy consumption through innovative and underwritten plans that maximise return on investment.
A state-of-the-art Energy Management Centre ('
E.ON is one of the
About E.ON Connecting Energies
E.ON Connecting Energies (ECT), is a new international unit of E.ON group, focusing on energy efficiency and on-site energy solutions for commercial, industrial and public-sector customers worldwide. ECT was established mid-2012 to build up worldwide operations in these fast-growing market segments. Currently, ECT's main activities are in
Tel: 02476 183 677, 07515 752 759
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