Specialist housing services provider Mears Group has acquired carbon reduction data firm IRT for a total consideration of up to £4.1m.
A statement explained that the deal was driven by requirements to decarbonise ageing housing stock, especially in affordable housing, due to significant increases in energy costs and the aim of meeting the Scottish Government’s targets of achieving net zero by 2045.
Executive director Alan Long commented: “The deal means we now have the in-house capacity to develop intelligent retrofit plans for our clients, while meaning we can assess the carbon reduction needs of any new properties entering our management portfolio.
