Groupe Atlantic, the parent company of Hull’s Ideal Heating, has made a major investment in a leading manufacturer of heat pumps.
Clade Engineering Systems is a Bristol-headquartered business with a production facility in Leeds.
The stake is seen as reinforcing Groupe Atlantic's strategy to be at the forefront of low carbon heating solutions, with significant expansion of Ideal’s National Avenue site ongoing. It is aimed at increasing manufacturing and distribution capacity to accommodate heat pump production and warehousing as it scales up to meet anticipated legislation-led demand.
