West Yorkshire business Clever Energy Holdings has announced its acquisition of Hinckley Plumbing and Heating Services, based in the East Midlands.
Clever Energy Holdings, which currently serves the North of England with Clever Energy Boilers, has made this move as part of a business strategy to achieve national coverage by 2025.
The Bradford-based company also confirmed that it was seeking further acquisitions in the coming months.
Clever Energy Boilers director Paul Calvert, pictured right, said: “Hinckley Plumbing and Heating Services is a profitable, well established company with a great reputation. Acquiring the business helps us expand the products and services we provide. They are specialists in the commercial heating sector, and also have expertise in renewable technology. Carbon zero technologies are the long-term future, so this is something both companies want and need to be ready for.
“Undoubtedly the company will grow rapidly over the next 12 to 18 months. With growth comes opportunities and anyone who is hardworking and wants to get on in their career will have a great chance to grow with the company.”
The move brings the Clever Energy Boilers group annual turnover to around £7 million, with 75 direct and indirect employees. Clever Energy Boilers has been operating for eight years and, in that time, has installed more than 5,000 boilers.
The company has its roots in West Yorkshire, but grew to cover the north of England, West Midlands and, most recently, London. Buying Hinckley Plumbing and Heating Services means that it can expand its customer base in the East Midlands, a statement added.