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IDSS Continues its expansion with key acquisition
January 2008
Middleton based ID Support Services Holdings Limited (IDSS) has continued its expansion with the acquisition of Scotia Energy Saving Systems Limited for an undisclosed sum.
Scotia Energy supplies and maintains air conditioning, heat recovery, refrigeration, heating and ventilation systems throughout Scotland and the North of England.
Established in 1980, Scotia Energy employs over 60 staff with headquarters in Glenrothes, Scotland. Over the last 20 years, the company has increased in size, reputation and turnover, to become one of the most respected climate control and energy service providers in Scotland.
IDSS which employs over 150 people, operates through two trading groups offering support services to blue chip, multi-site customers in the retail, leisure and commercial sectors.
GK Industrial is based in Doncaster and offers energy efficient climate control, heating, ventilation and air conditioning systems. ID Technology Group specialises in CCTV, Access Control and electronic tagging systems, with a specialist Alarms division ID Intact.
Scotia Energy will trade as a subsidiary of GK Industrial and will broaden its customer base and strengthen its geographical coverage.
Chief Executive David Metcalfe commented:
“We are expanding every area of the business and the acquisition of Scotia Energy is a significant development for GK Industrial and the group. “
“Scotia Energy is a long standing business with turnover in excess of £5 million and a very impressive client base spanning local authorities, hospitals, universities, retail, leisure and commercial sectors.”
He added:
“Scotia Energy fits perfectly with our growth strategy for GK Industrial, and strengthens its position as the leading national provider of climate control and energy efficiency solutions. We plan to make further acquisitions as we build the Group’s business to our target of £100 million sales.”
Scotia Energy Managing Director Phil Vaughan commented on the acquisition:
“We welcomed the approach from IDSS and were most impressed with the ideas, the vision and the quality of the personnel concerned.
When we realised that GK Industrial, a leader in the air conditioning industry were very similar to ourselves in focusing on providing a quality service, it was easy for us to make our decision to join IDSS.
We are confident that the future of Scotia Energy Saving Systems Limited looks positive. Being part of a larger organisation secures the future of the company and the employees, and gives us greater opportunities to expand our already successful business.”
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