Know what you want? Try our 'Supplier Directory' 

BSS buys Direct Heating Spares for £5.7m

The BSS Group (BSS), a leading distributor to specialist trades, has acquired Direct Heating Spares (DHS) from the Gough family for £5.7m.
BSS buys Direct Heating Spares for £5.7m
DHS is a wholesaler and distributor of spare parts to the heating industry. For the 12 months ended March 31 2009, revenue was £10.5m.

'DHS is a high quality business and significantly enhances our customer proposition in the substantial and growing parts market,' said BSS Group chief executive Gavin Slark.

He added: 'It is anticipated the acquisition will be earnings enhancing in the financial year just starting.'

Cost savings plans were accelerated during the final quarter of the financial year.

The group says its financial position remains strong and it expects its debt at year end March 31 2009 to be £86M, down from £104m at the March 2008 year end.
3 April 2009

Comments

Already Registered?
Login
Not Yet Registered?
Register

Heating installers preparing to seize Net Zero opportunity

Plumbing and heating installers see the drive to reduce emissions as an opportunity, and are optimistic about the short and long-term future of their businesses, according to new research released today....

  26-Oct-2021

CIAT heat pumps power river source renewable energy project for fruit grower

High efficiency CIAT heat pumps have been chosen to power a major 8.8MW river-source renewable energy project in the South of England to help produce more fruit. CIAT is part of Carrier Global Corporation, the global provider of healthy, safe, ...

  26-Oct-2021

If you need to open a Solenoid Valve manually, you need a SVOM!

If you need to open a Solenoid Valve manually, you need a SVOM!
  22-Oct-2021
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

BESA National Conference – Virtual event