26 Feb 2018
Manchester, NH 26th of February 2018: Cylon Energy Inc., (Cylon) a subsidiary of Cylon Controls Limited, announced today that on February 1st, 2018 it closed an Asset Purchase Agreement to acquire the multi-site energy management business of Teletrol (Teletrol). Teletrol is a U.S. based manufacturer of software and hardware that helps retail organizations reduce their energy consumption and lower carbon emissions. Teletrol’s energy management solutions control and manage HVAC, lighting, and other energy-using equipment in over 10,000 retail and commercial facilities across North America. The newly acquired entity will be combined with the American Auto-Matrix National Accounts business and be known as Cylon Retail Solutions, continuing to be based out of Manchester, New Hampshire.