Carver Group acquires Bristol specialist chiller firm
| La Salle can announce that Walsall-headquartered Carver Group, a family-owned business who manage a portfolio of manufacturing businesses, have acquired Bristol-based CoolTherm who provide a range of specialised air conditioning and cooling solutions.
Business acquired: Cool-Therm (UK) Ltd Activities: Incorporated in 1992, the company currently employs more than 60 people and offers a range of services including air conditioning - supply and installation, a full design, service & maintenance, and chiller solutions including the Turbomiser™ brand. ---------------- Purchaser: Carver Group Ltd Activities: Incorporate in 1952, the company is a UK-based holding firm for a group engaged in the manufacture of caravan mover, engineering clamping, workholding devices, gas and electric heating and ventilation devices, electrical and automotive products and air curtains, as well as installation services. It has interest in six operating companies. Brands/businesses include Biddle, Thermoscreens, Applied Comfort, CoolTherm, Carver Clamps and Widney Leisure. ---------------- Additional info: |
Aidan Killeen, Carver Group chief executive, said: "The acquisition of CoolTherm clearly demonstrates our intention to create a Group offering high quality bespoke products and services to all our customers.
"We see the business as remaining a separate organisation from our current manufacturing businesses but believe that, after five years of rapid growth for the group, it will offer us the opportunity to grow in other directions, both nationally and internationally, and will form a key part of our new five-year plan for expansion.
"The CoolTherm ethos is an excellent fit for the Carver Group, being privately owned and focused on delivering exceptional customer service, and we are pleased that the majority of directors will be continuing with the business.
"The skillsets available at CoolTherm, coupled with the Carver Group’s desire to grow and meet the needs of national and international businesses, mean this acquisition will deliver real synergy for us."
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