Kohler Co. has announced that it has completed its acquisition of Heila Technologies. With Heila Technologies, Kohler will be able to put more emphasis on developing power resiliency solutions by expanding its clean energy management. After its acquisition, Heila Technologies will become a part of Kohler’s Power Group which a global company specializing in engines, power generation, and clean energy.
Heila Technologies was initially founded in 2015 in Somerville, Mass. with the goal of making the operation and integration of Distributed Energy Resources (DERs) and microgrids easier and simpler. Heila Technologies in its short history has been able to combine its theoretical knowledge with practical expertise to make a detrimental change to the energy industry via DERs such as batteries, fuel cells, and solar arrays. All of them led to the formation of a sustainable and reliable grid for communities and businesses.
Heli Technology will operate as a stand-alone company with Kohler Power Group with the General Manager, Francisco Morocz, reporting directly to Brian Melka, the President of Kohler Power Group. The terms of the acquisition were not revealed.
“Heila Technologies is an ideal fit for Kohler as its hardware and software solutions can be integrated with our residential and industrial generators, energy storage systems, and Clarke Energy’s renewable energy services as we continue to expand and diversify our portfolio,” said Melka. “With this acquisition, we are leveraging our history of trusted expertise in power resiliency with newer clean energy technologies. Resilient energy control through DERs is a crucial part of the development of the energy sector’s infrastructure needs of the future.”
“We are very excited to join Kohler Co., a highly regarded, strong multinational organization that has achieved decades of unparalleled innovation and growth. As a young company, Heila Technologies couldn’t be more pleased to now be part of the company’s well-established Power Group and contribute to a shared strategy of power resiliency and sustainability and to accelerate the growth of clean and distributed energy resources globally,” said Morocz.