Johnson Controls Acquires Asset Plus

Johnson Controls, an international firm producing fire, HVAC, and security equipment for buildings, has announced the acquisition of Asset Plus, a specialist provider of energy reduction and zero-carbon measures for the UK public sector.

Asset Plus provides strategic support and project management for energy efficiency measures and retrofitting across complex building environments for NHS organisations, local governments, and educational institutions. It includes low-carbon heating via air source heat pumps, low-energy LED lighting, and solar power integration, which are critical in assisting businesses in achieving net-zero carbon emissions.

David Lloyd, Head of Connected Buildings at Johnson Controls UK&I, said:

“We are very excited to announce that we have completed the acquisition of Asset Plus, one of the UK’s leading independent experts in the design and project management for implementation of decarbonisation and energy efficiency offerings. Its services will further enable Johnson Controls to deliver a turnkey net-zero offering to all our UK clients across all sectors, supporting us to deliver on our promise to create a safe, comfortable and, most importantly, sustainable world.”

Asset Plus is a supplier under five main procurement frameworks, including the Re:Fit Programme and the Carbon and Energy Fund, which supplement Johnson Controls' speciality public sector services (CEF).

The National Framework Agreement for the provision of Smart Building Solutions using the Internet of Things (IoT) was recently awarded to Johnson Controls by the NHS.

This latest acquisition gives UK government agencies more ways to use smart technologies to achieve ambitious sustainability goals.

Jamie Cameron, Director of Digital Solutions at Johnson Controls UK&I, said:

“With Asset Plus enhancing Johnson Controls’ existing portfolio, organisations can now adopt insight-driven sustainability strategies, taking informed action to reduce energy consumption, lower costs and adopt green electricity.”

Paul Burnett, Co-Founder and Managing Director of Asset Plus, said:

"We are excited to be joining the Johnson Controls family. Johnson Controls is the global leader for smart, healthy and sustainable buildings and a perfect fit for Asset Plus, providing a unique opportunity to pivot our energy performance model to other market sectors and expand our offering, transitioning the business into the next phase of growth. We want to thank our clients and our partners who have supported us on the journey so far. The staff and management team at Asset Plus are very much looking forward to this next step and continuing to build upon the success achieved to date.”

Source: FM industry