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Kontrol thermostat

Vaughan Headquartered Kontrol Energy Completes Acquisition of New Found Air

August 4, 2020 / ACCESSWIRE / Kontrol Energy Corp. announces that it has completed the acquisition of New Found Air, previously announced on May 19, 2020. NFA leads a building energy and service platform that ensures the effective monitoring, operation and service of essential heating, cooling, ventilation, and utility systems.

Kontrol thermostatAugust 4, 2020 / ACCESSWIRE / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) (“Kontrol” or “Company”) announces that it has completed the acquisition of New Found Air (“NFA”), previously announced on May 19, 2020. NFA leads a building energy and service platform that ensures the effective monitoring, operation and service of essential heating, cooling, ventilation, and utility systems. The operations of NFA are diversified across the commercial, industrial, and multi-residential building sector.

“By closing the NFA acquisition we are well positioned to expand our technology and smart buildings solutions,” says Paul Ghezzi, CEO Kontrol Energy. “NFA has a blue-chip customer base and a service business with growing recurring revenues. These customers represent a new organic growth opportunity for Kontrol’s products and services.”

Full Article: accesswire.com