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Two Midlands firms acquired by Wozair

Posted on 08 Aug 2016. Edited by: John Hunter. Read 3797 times.
Two Midlands firms acquired by Wozair Two Midlands heating and ventilation businesses — Jet Environmental (www.jetenvironmental.com) and Jet AHU (www.jetahu.co.uk), based in Marston Green, near Solihull — have been acquired by Kent-based air-conditioning company Wozair (www.wozair.com) for an undisclosed sum.

With a turnover of around £39 million, the latter has operations world-wide, including in Singapore, the USA and Australia. Jet Environmental Systems provides temperature-control solutions for industrial and commercial buildings, while its sister company Jet AHU supplies and installs air-handling units.

Jason Hibbs, managing director of Jet Environmental, said: “The purchase is a major milestone in the development of the Jet businesses, ensuring a solid platform for geographic expansion and product development.”

Mr Hibbs confirmed that he and Jet Environmental’s senior management team will remain in place.