Stricken 4Energy broken up as assets sold
Troubled Nottingham company 4Energy has been broken up just weeks after being placed into administration.
4NG Limited, the next generation industrial “Internet of Things” (IoT) company, has acquired SMARTset and SMARTstation IoT and other assets of 4energy, and has landed investment from industry names such including Foster Environmental, Upnorth Group Limited and AIT Partnership Group.
4NG says the new partnership will enable it to roll out SMARTset software and SMARTstation hardware to the UK and international markets.
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