Investment strategy sees Aqua aim for industry top spot

Aqua has announced substantial multimillion-pound investment as part of an impressive, large-scale growth plan.

The company has confirmed two new investors, Philip Wilson and Russell Wilson, who join the Board alongside Aqua’s original founders, Kevin Lancaster and Simon Davis.

Philip and Russell bring a plethora of industry experience to Aqua, having both been intrinsically involved in ICS Cool Energy.  Philip Wilson takes on a Non-Executive Director, consultative role, whereas Russell Wilson will be active within the hire side of the business.

Aqua was founded in 2001, focusing primarily on industrial and process cooling across the UK and overseas.  The Service side of the business was formed five years later and Aqua acquired Stadco Cooling from the Stadco Automotive Group in 2010. Aqua won a Queen’s Award for Enterprise: Innovation in 2015, and 2018 saw the launch of their hire division.

As the company celebrates its 20th anniversary, 2021 seemed a pertinent time to make a change, as Simon Davis explains; “Aqua has established itself as a market leader for technically led cooling solutions but Kevin & I recognised we needed capital investment to move to the next level.  We have a great team with an over-arching belief that we can be number one in our industry.  Phil & Russell joining us will be key to delivering that aspiration.  This is such an exciting time for Aqua, I’m really thrilled about where we will go next.”

Initially, the new investment will be directed towards rental equipment, new premises, and personnel, as Russell Wilson comments; “We aim to combine Aqua’s 20-year legacy and reputation with our industry experience, to create something really quite special for the marketplace.  From a hire perspective, Aqua is now positioned to offer customers technical expertise, site-specific hire solutions and a technically innovative fleet of equipment.  Just because a customer hires it shouldn’t mean they have to compromise on the quality of equipment, installation, or technical resource.   Watch this space, we have exciting plans!”

Aqua Group Appoint Ben Davies as Hire Director

Aqua Group, has appointed Ben Davies as Director of their hire division, Aqua Hire.

Ben has spent over 13 years within the temperature control sector, working within sales and contract engineering roles. For the last 10 years, Ben has specialised within the rental market, joining Aqua from ICS Cool Energy where he oversaw hire activity for the South of England.

Aqua are celebrating their 20th anniversary this year and launched their Hire business in 2018, specialising in commercial and industrial applications across the UK. Their range of temperature control rental equipment includes chillers, air conditioning units, boilers, portable heaters, and ancillaries such as fuel management and supply.

Group Director, Kevin Lancaster explains; “Our hire division has gone from strength to strength in a very short space of time and we see Ben’s appointment as key in building on our achievements going forward. His experience and specialist technical knowledge are a real asset and I’m delighted to have him on board.”

“I am really excited about using my industry experience and knowledge to help propel Aqua Hire to the next stage, building on the excellent achievements of the team to date. Together, I’m confident that we can achieve great things during 2021 and beyond”

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