Wolseley Group has acquired Logicool.
According to a company statement, the Logicool business will enhance Wolseley’s renewables offering to include a wider product range and training opportunities.
Simon Gray, chief executive officer at Wolseley Group, said: “We are extremely proud to add Logicool to our portfolio of brands. This well-respected business will be a pivotal part of expanding our Renewables by Wolseley offering to become a full end-to-end supplier, helping our customers on their energy efficiency journeys.”
Logicool will retain its brand identity and will operate as usual with its colleagues and customers.
Karl Richardson, managing director, added: “Logicool is an ambitious business and over recent years we have invested significantly in enhancements such as increased stock of heat pumps and new state of the art premises. Our continued challenge is to provide the best possible service, invest in new talent within our apprenticeship programme, and be able to supply an increased array of products and services, all of which require additional infrastructure and investment. This acquisition allows access to resources that Logicool needs in order to achieve our goals in an ever-changing market.”