Heat pump manufacturer gains investment from £2.6bn turnover group

Clade Engineering Systems, a manufacturer of natural refrigerant CO2 heat pumps, is partnering with Groupe Atlantic’s UK, ROI & North America Division.

Headquartered in Bristol, Clade produces all its products at its Technology Hub in Leeds, which is near Groupe Atlantic’s commercial offices.

Groupe Atlantic, a privately-owned company founded in France in 1968, is a designer and manufacturer of heating systems, boilers, water heats, ventilation and air conditioning, heat pumps and more.

It had a turnover of €3bn/£2.6bn in 2022, brings together at least 25 brands and has over 12,000 employees around the world.

Shaun Edwards, CEO, Groupe Atlantic, UK, ROI & North America Division, said: “As part of our strategy and commitment to offer the most advanced technologies for all our customers, we are pleased to be investing in Clade.

“By strengthening our expertise and portfolio in CO2 heat pumps, Groupe Atlantic will be able to give its commercial customers even more choice when it comes to paving the way for a sustainable and greener future.”

This partnership is intended to reinforce Groupe Atlantic’s strategy to be at the forefront of low carbon heating solutions, offering the largest portfolio of heating products in the UK.

Clade will join forces with the commercial brands from Groupe Atlantic, including Ideal Commercial Heating, Hamworthy, ACV and Keston.

Founded in 1985 as a refrigeration services company, Clade has deployed over 500 natural refrigerant appliances and has since expanded into manufacturing refrigerant appliances and CO2 heat pump technologies.

A specialist in helping customers reduce carbon emissions, its heat pumps can generate from 50kW to >1MW for customers in the retail, commercial, industrial and public sectors.

With its expertise in natural refrigerant technology and heat pumps, Clade upscales Groupe Atlantic’s commercial offering, providing customers with more choice.

Clade’s in-house research and development team also offers thermal solutions to future-proof against the increasing costs of energy while reducing carbon footprint.

As a result, this investment reinforces Groupe Atlantic’s position as leaders in the development and production of low carbon heating solutions.

Darren Finley, managing director of commercial products, Groupe Atlantic, UK & ROI Division, said: “Clade is a market leader in natural refrigerant CO2 heat pumps and this investment enriches the range we can offer to our customers providing the strongest offering to the UK market.

“Designed in the UK specifically for the UK market, their use of CO2 refrigerants and R290 propane aligns with our strategy to decarbonising our heating solutions and helping customers with their path to net zero.”

Dean Frost, Clade managing director, added: “We are excited to partner with Groupe Atlantic and benefit from the expansive support and knowledge that comes from partnering with a group that has a collective history of over 100 years of expertise in UK domestic and commercial heating.

“We look forward to the opportunities working together will bring and being able to offer our cutting-edge technologies to even more commercial customers.”

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