Green insulation firm buys flooring contractor

Grant Prior 6 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

Construction T Level scrapped due to lack of demand

Courses canned after less than 100 sign-up for latest round
42 mins ago

Bid rigging probe launched into school repair work

Firms raided this week with focus on roofing contracts
1 day ago

McLaren hires ex-ISG regional boss for north east expansion

Andrew Beaumont becomes MD of new Yorkshire and North East business
9 hours ago

Government commits to four new prisons in seven years

£2.3bn pledged for new prison build programme
1 day ago

Road and rail delays hit revenue at Van Elle

Turnover drops 5% as markets remain challenging for piling specialist
9 hours ago

Boot reports ‘noticeable improvement’ in planning system

Government planning reforms already unblocking council planning
9 hours ago

Go-ahead to revamp former London city hall

Project will straighten the building's leaning profile with terraces to every level
17 hours ago

United Living to divert Midlands gas pipeline

600m pipeline diversion clears way for M54 to M6 link road construction
8 hours ago

Credit insurance saves Billington from ISG hit

Steel specialist puts on extra shifts at its plants to cope with demand
1 day ago

M&E specialist Dodd doubles profit on retrofit surge

Family-owned Telford specialist delivers record revenue of nearly £250m
1 day ago

Go-ahead for 800-home Croydon dual towers

One Lansdowne Road build to rent scheme to cost £260m to build
1 day ago

Construction inflation set to return raising tender prices

End of 2024 to mark the bottom of present inflationary trough
1 day ago

Start date for vast Balfour and Costain carbon capture power job

£4bn Teesside project to start construction next year creating 3,000 jobs
2 days ago

Plans go in to start revamp of North Finchley town centre

Developer Regal unveils first details of Barnet masterplan
1 day ago

Glencar bags £18m Big Yellow London store

Six-storey stoarage centre to be built at Staples Corner
1 day ago

Plan unveiled for 31-storey London Fenchurch Street tower

Demolition work to start in 2026 for new office tower
2 days ago

Vinci Building buys tower cranes for first time

Contractor invests in two WOLFFKRAN all-electric cranes at £138m Sheffield site
2 days ago

30 local firms land United Utilities £500m framework

Minor works deal win for North West civils and M&E specialists
2 days ago

Restructure pays off as Higgins returns to profit

Housing contractor recovers from £25.9m loss last year
2 days ago

Former Heathrow boss joins Mace in board rejig

Firm completes string NED appointments to expanded group board
3 days ago

Planning officers to get powers to bypass committee stage for housing

Rayner reform plan to cut out local council planning committees
3 days ago

National Insurance hike to delay construction recovery

Arcadis paints varied picture with full recovery delayed until 2026
3 days ago

Gratte Bros rides out cost rises with profit increase

M&E specialist warns of further upward pressure on wage costs
3 days ago

Sellar’s 36-storey London City office tower approved

Demolition work to start in 2026 at 60 Gracechurch Street site
5 days ago

Roofers caught using phone lights to work at night

Roofing boss handed suspended prison sentence for lack of edge protection
3 days ago

£380m North West housing framework out for bid

St Helens-based Torus aims to build 9,000 homes by 2029
3 days ago

Historic property magazine to close

Estates Gazette has been in business since 1858
6 days ago

M&S Marble Arch rebuild approved after three-year planning fight

Plans were delayed when Michael Gove backed carbon campaigners
7 days ago

£191m revamp funding approved for London Barbican Centre

Construction to start in 2027 on five-year programme
7 days ago

RED Construction tops £100m turnover

Builder maintains profit margin at 1.7% as business nearly doubles in size
6 days ago

Contractor services