APP Wholesale has announced the acquisition of Ultimate Renewables Supplies.
According to a company statement, the portfolio expansion of APP Wholesale to include Ultimate Renewable Supplies improves the business’s capacity to promote the adoption of renewable energy sources through knowledgeable sales, customised training and system design.
Neil Lake, managing director of APP Wholesale, said: “We are thrilled to provide a complete solution that addresses the evolving needs of merchants and installers in the renewable energy sector. Ultimate Renewables Supplies has developed an unparalleled service that we are confident will strengthen market confidence and give our customers the enhanced support they deserve.”
Simon Wardle, sales director of Ultimate Renewable Supplies, added: “We are incredibly proud of what we have achieved so far in a very short space of time. Our rapid expansion will continue to progress because of this acquisition. Having dealt with APP for several years, I believe that we share the same values and vision on the renewable sector, and being a part of the APP group means that Ultimate Renewables will be able to expand to the size that I genuinely believe it can.”
Ultimate Renewables Supplies will remain autonomous within the structure of APP Wholesale, it noted, which encompasses APP Plumbing and Heating and Mr Central Heating.
All members of Ultimate Renewables Supplies’ management team, including Simon Wardle, sales director and John McCarthy, operations director, will stay on board.
John McCarthy, operations director at Ultimate Renewables Supplies, stated: “This next chapter for Ultimate Renewables is something I am really looking forward to. Our team have helped us create a fantastic business working at the cutting edge of renewable technologies, and I believe our continued growth trajectory can be maintained with this integration. APP’s experience, size and resources mean that URS can achieve the vision that Simon and I knew we could one day achieve.”
Shanker Patel, CEO of Lords Group Trading, parent company of APP Wholesale, said: “This is a forward-thinking move for APP Wholesale Ltd, positioning the business at the forefront of clean heat transformation in the UK.”