The Swiss Abb adds Cylon Controls to its portfolio

Greencoat Capital, UK-based asset manager engaged in providing capital to the resource efficiency and renewable energy sectors, has agreed to sell Cylon Controls, Ireland-based company that designs and manufactures building energy management systems, to Abb, Switzerland-based power and automation technology company offering a range of products, systems and services. The transaction will enable Abb to enhance its position in the commercial buildings sector. It will also expand Abb’s existing product portfolio.

Mason Hayes & Curran acted as legal advisors to Cylon Controls.