Green Energy: Flowmax invests in Essco Controls

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Green Energy: Flowmax invests in Essco Controls

Investing in Green-Engery-focused Essco Controls Ltd

Flowmax announced today the acquisition of a majority holding in the shares of Southampton based Essco Controls Ltd. Essco Group designs green-energy focused products for the heating, ventilating, air conditioning and process industries with market leading energy efficient products and systems.

This acquisition supported the long term aim of Richard Stammers, Essco’s Managing Director and founding owner to reduce his shareholding whilst continuing to lead the business. Richard wanted to free up some of his equity in the business but wasn’t planning on retiring in the short term being a younger man in his 40’s.

It was important for Richard to be at helm of the business supported by his chosen management team. Flowmax enabled two of Richard’s directors to personally buy-into the business which retains the established senior management team. This also provides continuity for the business and staff as an independent company within the Flowmax group.

Essco is firmly committed to a green energy focus. This sits well with Flowmax’s vision to build its up environmentally sound portfolio. Flowmax sees the acquisition as a positive step towards supporting companies working to reduce energy use, while continuing its focus on fluid control and management products.

More information about the company can be found here: https://esscogroup.co.uk/

Flowmax Expands Plumbing and Heating Range with Acquisition of Rob Pond Ltd

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Flowmax Expands Plumbing and Heating Range with Acquisition of Rob Pond Ltd

Flowmax is expanding offerings in the Plumbing and Heating Sector, the acquisition of Rob Pond Ltd, an established UK distributor known for its niche and innovative plumbing and heating products.

Founded in 2002, Rob Pond Ltd has over two decades of experience providing high-quality products to merchants and distributors nationwide. This strategic acquisition by Flowmax will allow Rob Pond to increase its product range and market presence, specifically targeting plumbing merchants.

Rob Pond Ltd will remain true to its family-owned roots, with managing director Alex Marshall and the entire team staying on board to continue business operations. The acquisition brings valuable synergies with Flowmax’s existing subsidiary, Anglo Nordic Burner Products, and will add new product lines, including the K-valve series, to Flowmax’s offerings.

Rob Pond, former CEO, expressed his thoughts “This is very exciting for the future of our business and staff, as Flowmax offers so much more potential to develop the product range to take the company to its next level. From small beginnings to now is an emotional time. It is with huge thanks to all our valued customers over the years, and our staff, with Alex Marshall at the helm, that the company is where it is today. I feel we have found the perfect parent company to power us on!”

Flowmax’s Regional Managing Director, Ian McCreeth, shared his perspective on the acquisition: “We are delighted to welcome Rob and his team to the group. Their business is one we have admired from afar for quite some time, and their reputation for bringing innovation to the market is almost unparalleled. I am also thrilled that Alex and his team have chosen to stay with us, helping us strengthen and grow the business over the coming years.”

The acquisition positions Rob Pond Ltd to grow under Flowmax’s guidance, leveraging new resources and market reach to continue its tradition of innovation and excellent service.

More information about the company can be found here: https://robpond.com/

Acquisition of Buckley Industrial Ltd

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Acquisition of Buckley Industrial Ltd

What this acquisition will mean for Buckley Ind.

Flowmax announced today the acquisition of Buckley Industrial Ltd by the Flowmax Group company Action Sealtite Ltd. Buckley Industrial, based in Wales was established in 1990 and specialises in the manufacture, inspection and testing of flexible hose assemblies for the power generation, chemical, food processing, paper and petrochemical industries throughout the UK, Europe and recently projects in the Far and Middle East.

The acquisition is aligned with Steve Dransfield, the founding owner’s plans for the retirement. For Steve it was vital that his retirement and the associated equity release would still provide stability for Buckley’s employees and continue to support the established customer base.

Buckley industrial will continue to operate as an independent subsidiary of Action Sealtite and will retain its management team and provide continuity for the business, staff and customers. The Action Sealtite product range fits well with the products and services provided by Buckley offering a number of synergistic benefits to both organisations.

More information about the company can be found here: https://www.buckley-industrial.co.uk/