Green insulation firm buys flooring contractor

Grant Prior 8 months ago
Share

Insulation manufacturer and installer energystore has acquired a majority share in Scottish specialist flooring contractor Advanced Traditional Screeding (ATS).

Connor McCandless, Managing Director of energystore and Jason Lister, Managing Director of ATS
Connor McCandless, Managing Director of energystore and Jason Lister, Managing Director of ATS

Energystore designs, manufactures, and installs insulation systems for floors, walls and roofs and is the leading supplier of high-performance EPS (expanded polystyrene) bead insulation products to the UK and Irish construction industry.

Fife-based ATS was established in 2014 and works with commercial customers across Scotland and the rest of the UK on all aspects of pre-construction and construction flooring installation, with experience of all types of screeds, resins and underfloor heating systems.

ATS has been a long-term installer of energystore products including eps beads coated in an innovative additive with cement to create a pourable insulation. This unique poured insulation offers a non-combustible alternative for use in floor and roof construction as a high strength void former or insulation.

Following the acquisition, ATS will continue to operate as a standalone company within the energystore group and all 17 staff will be retained.

Jason Lister, founder and Managing Director of ATS, will continue to lead the business following the acquisition by energystore.

Connor McCandless, Managing Director of energystore, said: “We have known Jason and his team at ATS for a number of years and have been impressed by their work for tier one construction firms across a wide range of projects.

“We have been looking at opportunities to grow energystore’s footprint across the UK and we felt that ATS’s culture, values and growth ambitions were very aligned with our own.

“Like us, they are a company that is committed to delivering quality work and to supporting the communities they work in. We were already working together on some exciting development opportunities, so it has been an easy move to formally join forces.”

Lister said: “I’m really proud to be able to announce this partnership with energystore at a time when ATS has been enjoying significant growth and has a very healthy order book for the year ahead. In the most recent financial year ATS grew our turnover to a record £5m and I am confident we will increase that again this year.

“As a customer and installer we know they are a company committed to innovation and sustainability. ATS now has a great opportunity to expand the range of products and services we provide to our customers as part of the energystore team. It is a very positive day for the company, our people and our customers.”

Energystore currently operates from six locations across Northern Ireland, the Republic of Ireland and Great Britain, employing 90 people and supplies homeowners and commercial customers, including construction companies, new build developers and housing associations.

Latest news

Administrators take control at Acheson Construction

40 staff made redundant at South West regional contractor
2 days ago

34 secure spots on £1bn NEPO civils framework

Balfour Beatty, Graham, Taylor Woodrow and Winvic signed up for first time
2 days ago

Bouygues claims net zero construction goal at Welsh project

Llanelli leisure centre and health campus achieves green construction target
2 days ago

Manchester civil service digital campus approved

Two Government office blocks totaling 900,000sq ft to cost £310m to build
2 days ago

New mobile charging vans crack electric plant downtime anxiety

FM Conway trials new service that recharges small plant in one hour
2 days ago

Build to rent deal kick starts 3,500-home Dagenham scheme

Deal secures 935-home first phase of Ford Dagenham plant redevelopment
2 days ago

RSK adds another 110 staff with N-Able Group deal

Consultant and construction services group makes latest acquisition
2 days ago

JRL Malaysian backers plan 580-home Wheat Quarter scheme

Plans in for Welwyn Garden City Shredded Wheat factory redevelopment
3 days ago

Recycled aggregate firms blast new waste crime levy

10% levy on all recycled aggregate producers to fund policing waste crime
3 days ago

£110m Liverpool Metalworks resi scheme gets nod

Legacie Contracts tipped for 16-storey Pumpfields project
3 days ago

Building products firm fined £1m after double accident

Scaffolder hurt in fall and worker caught in machinery at Norbord factory
3 days ago

Graham lands £42m Woking road upgrade

A320 upgrade will unlock new housing schemes along route
3 days ago

Dandara 300 homes High Wycombe project approved

Firm to demolish Chilterns Shopping Centre for build to rent job
3 days ago

Three Keltbray managers took £600,000 in bribes

Site managers convicted for taking kickbacks from labour supply specialist
4 days ago

Bidding starts for £1bn YORcivil major works deal

Eight firms face fight to renew places on big civils framework
4 days ago

ECF clinches deal for Hull 850-home urban village

East Bank waterside village plan advances
5 days ago

Maintenance firm Cardo in second Scottish acquisition

North Lanarkshire property maintenance firm Rodgers & Johnston bought
4 days ago

Kier confirms £41m Salford Uni health building job

Work starts on specialist three storey teaching building
4 days ago

Passenger train derailed after hitting track left by Colas workers

Contractor and Network Rail asked to make improvements after accident
4 days ago

Bryson signs £6m safety products deal with Skanska

Safety specialist becomes sole supplier to contracting giant
4 days ago

Murphy wins St Fergus gas compressor project

Three low emission compressor units to be installed for National Gas
4 days ago

Blenheim House payout hopes fade as claims hit £33m

Suggested 10p in the £1 payout for subcontractors now unlikely
5 days ago

£1.3bn decarbonising and fire safety deals out for bid

South East Consortium starts hunt for firms for housing upgrade work prize
5 days ago

£30m turnover M&E contractor files administration notice

TNA Electrical makes administration application
5 days ago

Plan for first big offices at £1.7bn Manchester innovation hub

500,000 sq ft of offices planned at renamed Sister development
5 days ago

Murphy starts work on £2.5bn Eastern Green Link 1

Giant subsea electricity cable project will take three years to build
5 days ago

Subcontractors wanted for work across Birmingham

Latest Constructionline event: Register now
5 days ago

Acheson Construction files administration notice

£53m turnover South West contractor lodges court notice
6 days ago

Hunt for 10 firms to deliver £37bn new hospital plan

Race starts for mega-framework with pledge to spread work among all firms
6 days ago

Springfield to build homes for army of green energy workers

Scottish house builder sells 2,480 plots to Barratt Redrow in strategy switch
6 days ago

Contractor services