EP&T Global (ASX:EPX) announces acquisition overview

EP&T Global Limited (ASX:EPX) has announced the acquisition of Coda, expanding its product roadmap to deliver accurate and auditable data aimed at reducing energy and CO2 emissions for its customers. The acquisition adds capability to EP&T's existing EDGE platform, introduces new features such as digital twin visualization and remote fault detection, and targets the industrial property market.

Executive Commentary on Coda Acquisition

The acquisition of Coda marks a significant step in enhancing our offerings and furthering our commitment to providing innovative solutions for energy efficiency and sustainability. This strategic move aligns with our goal to evolve our capabilities into building maintenance analytics, proactively informing Facility Manager partners of property health diagnostics to minimize operational disruption and support the transition to condition-based maintenance. We are excited about the potential to expand our reach into the industrial property market and the opportunities it presents for delivering qualified data to support environmental, financial, and NetZero carbon reduction reporting commitments.

Summary of EP&T Global's Coda Acquisition

EP&T Global's acquisition of Coda expands its product suite, enhances the EDGE platform, and targets the industrial property market. The acquisition brings a pipeline of additional sites and technology deployed in over 200 sites in the UK. With a focus on reducing energy consumption and emissions, the Coda technology provides real-time visibility, remote fault diagnostics, and supports ongoing compliance with environmental targets. The acquisition is expected to broaden EP&T's offering to existing clients and provide revenue potential upside. This move reflects EP&T Global's commitment to driving innovation and sustainability in the building efficiency platform sector.