Chauffage du Nord has been acquired by HomeServe to accelerate its growth and enhance operations in the energy-efficient heating solutions sector in northern France.
Target Company Information
Founded in 1995 by Charles de Basly, Chauffage du Nord specializes in the sale, installation, maintenance, and repair of heating systems, including boilers, heat pumps, and stoves. The company has become a leading player in its market within the Lille metropolitan area and achieved significant growth in recent years, reporting revenues close to €5 million in 2021 and employing approximately 30 people.
Chauffage du Nord has recently joined the HomeServe group, a prominent leader in home repairs and renovation services, aiming to enhance and accelerate its growth in northern France. The partnership allows Chauffage du Nord to leverage collective expertise within the HomeServe group, enhancing its operations, particularly in the sector of energy renovation, including the installation of low-carbon heating systems like heat pumps and biomass boilers.
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Industry Overview in France
The heating installation and maintenance industry in France is experiencing a dynamic shift, spurred by increasing demand for energy-efficient solutions and government incentives for sustainable r
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in 2022
in a Other deal
Disclosed details
Revenue: $5M