Acorn Energy acquires remaining 1% stake in OmniMetrix unit
Wilmington, Delaware - Acorn Energy has completed the acquisition of the remaining 1% stake in OmniMetrix, its principal subsidiary, bringing the company's ownership to 100%. The transaction occurred after Acorn purchased the shares from Walter Czarnecki, OmniMetrix's former CEO, and issued 25,096 new Acorn common shares. This brings Acorn's share count to 2,534,714.
The deal eliminates the non-controlling interest deduction from Acorn's net income, which was worth $34,000 in 2025, or about $0.01 per share. Walter Czarnecki's handover of his shares in exchange for Acorn stock is seen as a strategic move that preserves cash for future growth, according to Acorn's CEO Jan Loeb. Acorn specializes in remote monitoring and control solutions for critical infrastructure, while OmniMetrix provides wireless remote monitoring and control for standby generators, gas pipelines, and other assets.
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