INVESTMENT
Stelrad
Sector
Date
StATUS
Geography
Acquired in September 2013, Ideal Stelrad Group was headquartered in Newcastle (UK), and was a boiler and radiator manufacturing company with production facilities across Europe. The boiler and radiator divisions were separated during 2014 and the boiler division successfully sold to Groupe Atlantic in January 2015.
The Radiator business, the Stelrad Radiator Group (“Stelrad”), is the #2 pan-European radiator manufacturing company (#1 UK) with facilities in the UK, the Netherlands and Turkey. It distributes its products under the Stelrad, Henrad and Termo Teknik brands across the UK, Continental and Eastern Europe, Turkey, Russia and China.