Today, the Duality Group is delighted to announce it has acquired Dyson Energy Services Limited (Dyson). This is Duality Group’s second investment following the recent acquisition of Astley Facades Limited in October from Entu plc.
Duality Group plans to build a national property and energy services group, working with utility companies as well as commercial organisations to install and maintain energy saving solutions.
Dyson is a leading, national installer of insulation and heating products, and has been setting the industry standards in quality for over 30 years. It has a strong and experienced senior management team with a loyal workforce. Duality will be looking to invest in working capital as well as systems to strengthen this business and allow it to prosper under new ownership.
Duality Group will continue to look for other complimentary businesses to broaden the service offerings of Astley Facades and Dyson Energy Services. The Dyson acquisition means the Duality Group now has annualised turnover in excess of £40m with great cross selling opportunities.
Commenting on behalf of Dysons ,M.D. Tony Hardiman said:
“We are delighted with this arrangement and the additional opportunities this investment allows us to develop. When we had discussed the deal with the new owners we were firstly impressed with their creative approach and in addition we recognise the opportunities that will come from working with other companies in the Duality group to further enhance its overall profitability".