With this transaction, Indra aims to capture the high growth potential of the global market for advanced management of energy transmission and distribution networks, which had an estimated size of $700 million annually in 2016 and is expected to grow at a rate of 20% annually in the period 2016-2021 to reach $1.8 billion annually in 2021.
With ACS, Indra completes an end-to-end offering in advanced management of energy transport and distribution networks, adding to its current offering the in-house manufacturing of SCADA (Supervisory Control and Data Acquisition) systems and a complete offering in Operation Technologies.
The acquisition of ACS will allow Indra to develop its own design and production capabilities for SCADA systems, enabling the acquisition of field data, control of network equipment, and integration with transmission and distribution network management systems. Furthermore, ACS contributes a comprehensive offering in the field of Operational Technology (OT), including network automation solutions and distributed energy resource management.
Additionally, the transaction allows Indra to access the US and Canadian markets, a region with over 3,200 utilities, the vast majority of which are municipalities and cooperatives that are the primary target of Indra's solutions in this market. These references complement Indra's existing geographic presence, concentrated in Southern Europe, Latin America, and Africa.
Advanced Control Systems is a company founded in 1975 and headquartered in Norcross, Georgia, USA. It designs and manufactures control systems (SCADA) and equipment for acquiring, controlling, and operating distributed energy networks and managing distributed energy resources. The company also has several references for water management companies.
The company has over 360 clients, primarily located in the United States and Canada. It also has clients in Central America, South Africa, India, and Taiwan. Its workforce comprises approximately 120 employees, and it boasts a well-established sales structure and a robust project portfolio.
ACS will maintain its current management structure, while Indra will allocate additional executives to that team with the aim of capturing the synergies committed to in the Business Plan.
