Know what you want? Try our 'Supplier Directory' 

Swegon acquires Waterloo Air Products

Hannu Saastamoinen, chief executive at Swegon Group, said: “The UK as the second largest ventilation market in Europe has long been a priority for Swegon with previous successful UK acquisitions contributing well to the overall growth and profitability of the group.”

He continued: “This acquisition gives us a market leading position in grilles and diffusers, enhancing our ability to serve our customers with a full offering for high indoor environmental quality.

“Waterloo’s strong sales and engineering competence are a great fit with Swegon and will strengthen our commitment to provide a range of full system solutions with superior customer service, as well as top quality custom room products.”

Russell Shenton, managing director at Waterloo, commented: ”Becoming part of the Swegon Group will give us access to additional resources and provide the capability to accelerate our growth. Our product range is the perfect complement to Swegon’s overall offering and will allow both businesses to develop and grow.”

Speaking on behalf of the sellers, former director and shareholder Ron Edmondson, said: “We feel happy that Waterloo has found the best possible home to continue its development and that the customers and employees are in safe hands.”

11 March 2020

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