Hull's MKM Building Supplies makes move into heat pump market with Oceanair purchase

Oceanair operates from locations in Mansfield and Crawley and will continue operations under its existing name as part of the deal.

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Rob Barnes, MKM's Business Development Director, said: "This acquisition fits perfectly with MKM's plans for expansion, allowing us to branch out further into the HVAC industry. Continuing to work closely with the current Oceanair team guarantees a seamless transition, customers and suppliers can expect business as usual."

He added: “Oceanashp.co.uk, part of Oceanair, specialises in heating and concentrates on designing, supplying, commissioning, and supporting air-to-water heat pumps. Their Heat Pump Training Academy conducts courses on design and installation and has recently earned recognition as a ‘Centre of Excellence’ by Panasonic. This fits perfectly with our commitment of offering more sustainable options to customers.”

Kate Tinsley, CEO of MKM, said: “This is an interesting acquisition for MKM and enables us to expand into further emerging marketplaces; Oceanair is a great company with very talented people. I’m really excited about our growth plans”.

Tony Evanson, owner of Oceanair, will remain involved in the business “for the foreseeable future” providing support during the transition.

He said: “I’m incredibly proud to see the business grow over the years and have developed some fantastic relationships with staff, customers, and suppliers. I have thought long and hard about selling the business and was adamant it needed to go to the right home. I’m very pleased to be around the business to support the MKM team and look forward to seeing Oceanair grow under its new ownership”.