Posted on: 05/01/21
We are pleased to announce that on 31st December 2020, Aqua Plumbing & Heating Ltd were bought out by Homeserve Plc – a British multi-national home emergency repairs and improvements business and FTSE 250 listed company – as part of an acquisition programme to buy companies in the UK heating installation market.
The day-to-day running of the business will not change, with Director Sean Ward continuing to run the company in exactly the same way, but now with the long-term stability and financial backing of a blue-chip PLC.
Sean explained “from the early days when it was just me and a van in 1993, to the full Aqua Plumbing team 28 years on, I’m incredibly proud of what we’ve achieved as a company, but I have to admit the spring of 2020 has been the most stressful time yet, as it has been for many small businesses.”
“We survived the spring lockdown thanks to government help, but also thanks to the Aqua Plumbing & Heating team pulling together. It’s thanks to our hard work and dedication to excellent customer service, that Homeserve approached us in the autumn of 2020, and after 4 months of intense legal and financial negotiations, agreed to buy Aqua Plumbing & Heating Ltd, giving the company substantial security for many years to come.”
The new agreement offers Aqua Plumbing & Heating financial stability, job security for staff and access to training and managerial expertise we wouldn’t otherwise have. It also means that should national problems like a pandemic strike again, we are in a stronger position to weather the storm and continue to serve the New Forest area.
For Aqua Plumbing & Heating customers it’s business as usual.
The Aqua Plumbing & Heating team are here and dedicated to the continued delivery of excellent customer service, just as we have always been. We look forward to a brighter future and starting 2021 as we mean to go on.
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