Brussels, Belgium, October 10, 2018
Merodis, an independent corporate finance advisory firm, is pleased to announce that it advised ONE Smart Control NV (http://onesmartcontrol.com/en/) on its merger with digitalSTROM.
This merger between two key players in the smart building/home automation market allows the combined group to offer a wide and complementary range of solutions on one integrated platform, addressing the needs of project developers and households, in energy measurement and smart home functionalities for increased comfort, security and energy cost-savings. The merged group is a strong European player with leading market positions in the Benelux and DACH (Germany, Austria and Switzerland) regions. The company’s strategy is to grow organically into other European countries as well as into selected Middle-East and Asian countries.
ONE Smart Control provides a unique patented hard & software solution for connected homes that offers a combination of (1) optimising cold, heat, ventilation & electricity production, (2) measuring , controlling and maintenance of energy usage and (3) all consumer/corporate Smart Home functionalities (light, access, security, entertainment and connectivity). The company has developed a platform that uses powerline technology, designed and patented by digitalSTROM, to transform existing electric wiring into a powerful and smart communication highway. As an ultimate proof-of-concept, 10% of new homes built in the Netherlands in 2019 will be fitted with ONE Smart Control technology thanks to landmark contracts with VolkerWessels and Heijmans, two leading Dutch construction companies.
digitalSTROM (https://www.digitalstrom.com/en/) is a Swiss company that has developed a proprietary, award-winning powerline technology designed to connect and digitise devices through the existing electric wiring of a building. The company offers an open platform combining building technology, home appliances, consumer electronics and intelligent assistants on one single, integrated platform for the needs of the residential sector in new buildings, renovations and retrofits.
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