Glen Dimplex acquired SmarterDM

Glen Dimplex, the heating and industrial group controlled by the Naughton family, has bought a UK software business for an undisclosed sum.

The Dublin-headquartered company last week acquired SmarterDM, a Reading company that specialises in systems to help hotels and other large businesses minimise their energy consumption by using software and other technology to control heating.

The deal, which brings a team of 15 software engineers into Glen Dimplex’s orbit, is part of the Irish group’s attempt to reposition itself as a supplier of electrified heating systems to help businesses transition towards more sustainable practices.

Glen Dimplex, which recently negotiated a debt facility with the European Investment Bank (EIB) to help it fund new acquisitions,

One thought on “Glen Dimplex acquired SmarterDM

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.