The Keystone Group announces the acquisitions of a majority shareholding in UK wastewater heat recovery (WWHR) business, Building Products Distributor Limited (BPD) and in Q-Blue BV a business that distributes WWHR systems throughout mainland Europe from their manufacturing base in the Netherlands.
This strategic joint-venture brings together the manufacture, sale, and distribution of the market leading WWHR system, Showersave, under the Keystone umbrella.
Showersave branded WWHR products for new build, retrofit and commercial buildings are at the forefront of innovative, sustainable, energy saving systems. Since 2007, over 140,000 Showersave systems have been installed across the UK and Europe.
Tony Gordon, Managing Director of Showersave distributor BPD recognised the strategic importance of the acquisition stating “As a result of the UK Government’s drive towards improved energy efficiency in housing, accelerated by regulatory changes, the importance of recovering the energy from wastewater has become strategically relevant. This partnership with the Keystone Group ensures that in a market with demand increasing rapidly we are the only company that can provide our valued customers with a WWHR system manufactured and distributed under one roof”.
Sean Coyle, Chairman of the Keystone Group welcomed the acquisitions stating. “We are a manufacturer that is passionate about quality, service and innovation. We are market leaders in a range of products that help the Housebuilders on their journey to net zero and this acquisition demonstrates our commitment to invest further in this sector. We welcome BPD and Q-Blue employees to the Keystone Group and we look forward to working with their teams to develop the many opportunities in the market”.
Find out more about Keystone Group.