Australian HVAC/R component manufacturer and supplier Sky Refrigeration has become part of the Aspen Pumps Group.
Sky Refrigeration was founded in February 2010 by Pete and Bernadette Schey, who developed the business after identifying a need for innovation within the industry. It says it sees the investment from Aspen as an opportunity to further grow the business.
Pete Schey said: "The prospect of joining Aspen Pumps Group came out of the blue, but we had always enjoyed bouncing ideas off the guys at Aspen and getting new views of the market. After some discussion, we realised that this was an opportunity to grow the business and Aspen was the perfect partner. We wanted to work with a company that could offer us and our customers the opportunity for growth with more resources and a wider product range, whilst staying to true to our values for excellent customer service and innovative products for our customers.''
Aspen Pumps, a leading manufacturer and supplier of condensate pumps, HVAC/R equipment and accessories, was established in 1992 by three engineers and, following growth and a number of acquisitions, now has companies across four continents, including Aspen Asia Pacific in Lonsdale, Australia.
The group recently received backing from private equity investor Inflexion, who reinvested in a business which now sells to more than 100 countries through a network of wholesalers.
Adrian Thompson, CEO of Aspen Pumps Group, said: "We believe strongly in growing our customers businesses through creating opportunities with innovative and market leading products. Pete and Bernadette have built a strong and reputable business which is known for its quality products and dedication to customers. We are excited to work together on the next stage of this journey and open up more opportunities for both our customers in Australia.''