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NIBE Industrier signed an agreement to acquire 50% of Go Geothermal Ltd, a UK heat pump distributor based in Newton Aycliffe, with the remaining shares to follow within five years. The purchase price was not disclosed.
With LDC support, Stuart Turner, a UK water pump and pressure solutions maker, acquired Mikrofill Systems in March 2021. The article describes the acquisition as part of a buy-and-build strategy.
Inflexion has agreed to acquire Aspen Pumps, a specialist condensate pump manufacturer, from 3i Group in a deal announced in December 2019. Aspen has over 200 employees and exports to more than 100 countries.