SSE Airtricity completes acquisition of Fusion Heating
SSE Airtricity, Northern Ireland’s second largest energy provider, has completed the acquisition of leading energy services contractor Fusion Heating Ltd. SSE Airtricity previously acquired a 50% stake in the firm in late 2016.
Fusion Heating, based in Castlereagh, Co. Down, was established in 2006 and employs around 80 people, including gas engineers, plumbers, electricians and joiners. The business works with private and public sector customers to install, service and repair central heating systems, as well as offering full domestic electrical contracting services, and fitting out bathrooms. The company’s customers include two of Northern Ireland’s largest housing associations, Choice Housing and Radius Housing, and gas network operator Phoenix Natural Gas.
Fusion Heating has partnered with SSE Airtricity since 2013, playing a major role in the growth of the company’s SSE Airtricity Energy Services business, which provides boiler services, repairs and replacements to homes and businesses across Northern Ireland.
As part of the SSE Airtricity group, the firm will continue to trade as Fusion Heating, with the existing management team remaining in place.
Stuart Hobbs, General Manager of SSE Airtricity Energy Services, said:
“At SSE Airtricity Energy Services we’ve been very proud to work with Fusion Heating over the last five years and, through this acquisition, we’re delighted to be gaining the team’s invaluable experience and expertise. Our partnership with Fusion Heating has been built on shared values and commitments, particularly when it comes to safety, value for money, and customer service. With Fusion Heating now part of the SSE Airtricity family, those values will continue to be at the heart of everything we do, as we look to further enhance our energy services offering, and grow our business in the years ahead.”
Bill Cherry, Managing Director of Fusion Heating, said:
“Our integration into the SSE Airtricity group provides us with a great platform for future growth, from the services we offer to customers to the ongoing development of our talented and dedicated team. Since the early days of working with SSE Airtricity Energy Services, we recognised how closely our vision and values aligned, and that’s been central to the success of our partnership so far. This shared outlook and approach will now allow our team to flourish as an integral part of the SSE Airtricity family.”