Insulation innovator and installer energystore has purchased a majority stake in the award-winning Scottish flooring specialist, Advanced Traditional Screeding (ATS), for an undisclosed amount.
Headquartered in Holywood, Co Down, energystore designs, manufactures, and installs insulation systems for floors, walls and roofs and is the leading supplier of high-performance EPS (expanded polystyrene) bead insulation products to the UK and Irish construction industry.
Established in 2014, Fife-based ATS collaborates with commercial clients throughout Scotland and the UK, handling every facet of flooring installation from pre-construction to construction, and is experienced in various screeds, resins, and underfloor heating systems.
ATS has long been an installer of Energystore TLA®, a premier product of Energystore that blends EPS beads with an innovative additive and cement to form a pourable insulation. This distinctive insulation provides a non-combustible option for floor and roof construction, serving as a robust void former or insulator.
Following the acquisition, ATS will continue to operate as a standalone company within the energystore group and all 17 staff will be retained.
Connor McCandless, Managing Director of energystore, said: “We have known Jason and his team at ATS for a number of years and have been impressed by their work for tier one construction firms across a wide range of projects. We have been looking at opportunities to grow energystore’s footprint across the UK and we felt that ATS’s culture, values and growth ambitions were very aligned with our own. Like us, they are a company that is committed to delivering quality work and to supporting the communities they work in. We were already working together on some exciting development opportunities, so it has been an easy move to formally join forces.”
Jason Lister, founder and Managing Director of ATS, will continue to lead the business following the acquisition by energystore.
Jason Lister said: “I’m really proud to be able to announce this partnership with energystore at a time when ATS has been enjoying significant growth and has a very healthy order book for the year ahead. In the most recent financial year ATS grew our turnover to a record £5m and I am confident we will increase that again this year.
“As a customer and installer of energystore TLA®, we know they are a company committed to innovation and sustainability. ATS now has a great opportunity to expand the range of products and services we provide to our customers as part of the energystore team. It is a very positive day for the company, our people and our customers.”
Energystore, celebrating its 50th anniversary in 2024, operates out of six locations across Northern Ireland, the Republic of Ireland, and Great Britain. With a workforce of 90, it supplies both homeowners and commercial clients, including construction firms, new build developers, and housing associations.
Last year, the company initiated its Emission-less Mission, an extensive strategy that involves energystore investing £2m across the company to achieve net zero emissions from its operations by 2028.