British Gas Business has marked its entry into the energy services market, with the acquisition of Building Management System Integrators Ltd (BMSi) in a deal valued at £7 million.
By joining forces with BMSi Ltd, British Gas Business will build on its existing energy expertise, and enter the market as the major player to offer its customers a truly integrated energy service, from supply to solution and management.
Energy services from British Gas Business will help organisations reduce energy consumption and implement carbon reductions, as global commodity prices remain high and carbon management is placed firmly on the corporate responsibility agenda. Building control technologies and automated monitoring and targeting (aM&T) will be central to the service, along with a host of green and carbon products.
Badar Khan, Managing Director of British Gas Business, said: “As the global energy crunch continues to bite, we are exploring new ways of helping customers reduce their energy consumption.
“Our new energy services will include building control technologies, automated monitoring and targeting and smart metering which will help businesses track energy consumption and optimise the operation of energy-intensive systems such as heating, ventilation, air conditioning and lighting.
“We are the leading energy supplier to businesses in the UK and we continue to explore other acquisitions to further build the range, scale and reach of energy efficiency and low-carbon capabilities we can offer businesses. We will also be drawing on our experience in North America where we run a well established and successful energy services proposition.”
BMSi is a UK leader in the installation and contract servicing of specialist building controls systems. These systems help improve building energy management performance and can deliver significant energy and carbon savings. The business currently employs 69 people and its existing customers include Boots, BAA and O2.
By combining the capabilities of BMSi with the energy expertise within British Gas Business it will be able to provide customers with new energy management propositions and products.