Horstmann, a manufacturer of domestic and commercial heating controls, has announced that it has been bought by the Entity Group.
The controls manufacturer will continue to be led by its present managing director Les Woolner and its engineering & operations director Andy Deeming.
The company is also involved in smart metering, and Entity Group’s interests in the UK includes smart metering firm PRI.
Sanjaya Singhal CEO of Entity Group commented; “Horstmann is a perfect fit for our strategy to deliver smart metering in the UK and for our global advanced metering infrastructure roadmap.
'Its experience and knowledge of home controls and display devices and strong development team will help us develop Horstmann as a centre of excellence in these areas.”
Horstmann has 150 staff and delivered sales of £12 million in its last financial year.