Heritage Stoves

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Heritage Stoves - overview

Established

2010

Location

Dublin, -, Ireland

Primary Industry

Consumer Products

About

Heritage Stoves is a Dublin-based manufacturer of multi-fuel stoves, expertly blending modern efficiency with traditional aesthetics to deliver effective heating solutions for homes. Founded in 2010, Heritage Stoves designs and manufactures innovative heating solutions, focusing on multi-fuel stoves. The company has not undergone notable changes in business strategy or operations since inception. Heritage Stoves is headquartered in Dublin, Ireland, with no mentioned subsidiaries.


The founder has not been specifically identified, and there are no records of previous companies he or she founded. The company has completed a total of 1 transaction with the most recent deal dated February 11, 2025. Heritage Stoves specializes in the design and manufacturing of multi-fuel stoves that combine modern efficiency with traditional aesthetics. Their core product offerings include freestanding stoves, cassette stoves, and insert stoves, all engineered to provide effective heating solutions for diverse living spaces.


Each stove is designed to operate with 75% less fuel compared to traditional open fires, making them an environmentally conscious choice for consumers. The company primarily serves homeowners in urban and rural settings, catering to a clientele that values both energy efficiency and classic design in home heating. Heritage Stoves products are available across various geographical markets, including the United Kingdom, Ireland, and select European countries, positioning them within a competitive landscape focused on sustainable heating solutions. Heritage Stoves generates revenue through direct sales to consumers and partnerships with a nationwide network of retailers.


Transactions typically occur in a retail environment, where customers purchase stoves and related accessories such as fire bricks and baffle plates. The pricing structure includes individual products with costs ranging from EUR 44. 99 for baffle plates to EUR 84. 99 for specific glass components.


These products are sold through both physical and online platforms, allowing for a diverse customer base that values high-quality heating solutions. The company’s flagship products, such as the Belleek and Clare stoves, represent significant components of their revenue strategy, appealing to homeowners looking for both functionality and style in home heating. In February 2025, River Capital, through its The Northern Powerhouse Investment Fund II, provided GBP 125,000 in debt financing to Heritage Stoves. This funding is expected to support the company's strategy for future growth, which includes the development of new stove models designed to enhance energy efficiency and appeal to a broader consumer base.


The company is also planning to expand its market presence into other European countries by the end of 2025, focusing on regions that align with their sustainability goals.


Primary Industry

Consumer Products

Sub Industries

Household Appliances

Website

www.heritagestoves.ie

Verticals

E-commerce, Manufacturing

Total Amount Raised

Subscriber access only

Heritage Stoves - financials

Fiscal Year EndedJan 01, 2021Jan 01, 2022
Revenue (USD)--
% Revenue Growth (YoY)--
EBITDA (USD)--
Operating Income (USD)--
Operating Margin--
% EBITDA Margin--
NET Income (USD)--
% Net Margin--

Heritage Stoves - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedHeritage Stoves-

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