Europe Air Conditioning (EAC) has joined the Climate Care Solutions (CCS) group in a deal advised on by KBS Corporate.
Founded and incorporated in 2006 and based in Bingley, West Yorkshire, EAC designs, installs, repairs and maintains heating and ventilation systems, operating across the UK.
The company enjoys numerous lengthy associations with clients in sectors including healthcare, leisure, education, construction, retail and transport.
EAC now joins East Anglian company Sapphire Cooling Systems under the umbrella of prominent Suffolk-based HVAC group Climate Care Solutions.
A statement from the acquirer to announce the collaboration read: “We are proud that Climate Care Solutions has become the majority shareholder in Europe Air Conditioning, further strengthening our position in the UK’s HVAC sector.
“As the parent company of Sapphire Cooling Systems, Climate Care Solutions is committed to building a network of specialist businesses with shared values – technical excellence, customer focus and a drive for sustainable progress.
“EAC brings a wealth of experience, a reputation for quality and deep industry knowledge, all of which align perfectly with the ethos at CCS. Together with Sapphire Cooling, this marks another key step in our mission to deliver best-in-class service to our ever expanding portfolio of customers.
“This partnership opens the door to new opportunities for collaboration, innovation and growth, while ensuring each business retains its individual strengths and identity.”
Nathan Leah, KBS Corporate Associate Director, said: “I’m delighted to have supported the shareholders of Europe Air Conditioning through their transaction. Climate Care Solutions are an excellent acquirer and we are all very confident that the business will only continue to progressively develop under their ownership.
“A special thanks to Mackrell Solicitors for all sell-side legal work, as well as Ansons Solicitors on the buy-side, for their collaboration and diligence throughout the transaction.”
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