HomeServe UK is taking over another heating firm as it continues the expansion of its boiler installations business.
Walsall-based Homeserve has acquired Hereford Heating, which has thousands of customers and commercial contracts in Herefordshire and Wales.
Hereford Heating was founded in 2006 by managing director Rob Nash and today employs 30 people. Last year it installed around 400 boilers for its 6,500 customers.
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FTSE 250-listed HomeServe says Hereford Heating will retain its name and will continue to operate as it does now. The group now owns five such businesses, acquiring three during the last financial year.
Richard Shepherd, HomeServe’s managing director of installations, said: "We’re absolutely delighted to welcome Hereford Heating to the growing HomeServe family. As a company, they boast an outstanding local reputation for excellent customer service alongside strong profitability. We are committed to continuing to identify solid, profitable heating services firms to expand our portfolio even further.
"As with all our acquisitions, we will let them carry on doing what they do best. I speak for everyone at HomeServe when I say Hereford Heating will be a great addition to our company and we wish them ongoing success with us by their side."
Rob Nash, founder and managing director of Hereford Heating, said: "Joining HomeServe is great news for our business – providing us with growth opportunities and vital, long-term stability.
“As part of a global, FTSE-250 organisation, we are very excited for what the future holds.”
