Certas Energy has acquired Freedom Heat Pumps Limited, enhancing its market position in the renewable energy sector.
Target Company Overview
Freedom Heat Pumps Limited specializes in the design, supply, and support of ground and air source heat pumps, primarily collaborating with merchants and installers across the United Kingdom. Established in 2010, the company has witnessed substantial growth, positioning itself as one of the leading heat pump distributors in the UK market. Freedom Heat Pumps Limited not only provides a diverse range of brands but also offers technical support to installers in an accelerating market.
Given the company’s expansion trajectory and expertise, the shareholders sought to facilitate their retirement plans through the sale of the business. Ensuring staff retention and promoting further business growth were paramount considerations during the sale process, reflecting the commitment of the shareholders to their employees and the company’s future.
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Industry Overview in the UK
The heat pump industry in the UK has experienced notable growth, driven by increasing demand for sustainable heating solutions and government incentives promoting renewable energy. As concerns about climate change mount, more consumers and businesses
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Certas Energy
invested in
Freedom Heat Pumps Limited
in
in a Merger deal