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Add-on acquisition Closed Jul 2014 Verified

Cylon Energy acquires majority stake in American Auto-Matrix (building automation controls)

Relationship map

Relationship map for Cylon Energy acquires majority stake in American Auto-Matrix (building automation controls)parent ofCylon Controls Ltd.: PlatformCylon Controls Ltd.American Auto-Matrix: Operating CompanyAmerican Auto-Matrix
Operating CompanyPlatform

Parties

Acquirer
Cylon Controls Ltd.
Platform
Target
American Auto-Matrix
Operating Company

Market signals

Summary

Cylon Energy Inc. (a subsidiary of Cylon Controls Ltd.) acquired a majority shareholding in American Auto-Matrix, a building automation systems and critical environments controls maker, expanding Cylon's US building-automation footprint; terms undisclosed.