HVAC & Refrigeration Engineering Limited
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HVAC & Refrigeration Engineering Limited - overview
Established
1999
Location
Aberdeen, -, UK
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Based in Aberdeen, UK, and founded in 1999, HVAC & Refrigeration Engineering Limited designs and manufactures heating, ventilation, air conditioning (HVAC), and refrigeration solutions for the oil & gas, marine, and petrochemical sectors. In May 2015, Oteac Limited, a portfolio company of Lonsdale Capital Partners, acquired HVAC & Refrigeration Engineering for GBP 10. 25 million. The company’s product line includes hazcool and climarine, which are air conditioning and refrigeration equipment for the Oil & Gas, Marine, and Petrochemical industries.
HVAC & Refrigeration Engineering Limited also offers multiple services, including HVAC compliance, such as LEV testing, surveys, leak detection and refrigerant monitoring and consultancy services; HVAC health & safety, such as engine room testing, air quality analysis, duct cleaning, and noise surveys; HVAC installation; HVAC maintenance and repair; HVAC commissioning; and more.
Current Investors
Nucore Group
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Facilities & Maintenance Services, Engineering, Consulting Services, Oil & Gas Equipment and Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.hvac-refrigeration.co.uk
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
HVAC & Refrigeration Engineering Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | HVAC & Refrigeration Engineering Limited | - |
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