Aspen Pumps Group 18 March 2020
Aspen Pumps Group Announces Sky Refrigeration Investment
Sky Refrigeration, the HVAC/R component manufacturer and supplier, has joined the Aspen Pumps Group, the global leader in condensate pumps and accessories.
Sky Refrigeration, founded in February 2010, was the creation of Pete and Bernadette Schey, who developed the business after realising the need for innovation within the HVAC/R components industry. Teamwork and a dynamic work ethic has ensured that Sky Refrigeration’s innovative products are now some of the most sought after in Australia.
Aspen Pumps, one of the largest manufacturers and suppliers of HVAC/R equipment and accessories, has a track record of investing in successful businesses to take them to the next level. Founded in 1992, Aspen Pumps was started by three engineers who developed the first Peristaltic pump, after realising the need for a reliable way to remove condensate water from AC systems. From these humble beginnings, the company now boasts companies across 4 continents, including Aspen Asia Pacific in Lonsdale, Australia.
Pete said, ‘The prospect of joining Aspen Pumps Group came out of the blue, but we had always enjoyed bouncing idea off the guys at Aspen and getting new views of the market. After some discussion, we realised that this was an opportunity to grow the business and Aspen was the perfect partner. We wanted to work with a company that could offer us and our customers the opportunity for growth with more resources and a wider product range, whilst staying to true to our values for excellent customer service and innovative products for our customers.’
Aspen Pumps Group has recently received backing from private equity investor Inflexion, who reinvested after seeing the business go from strength to strength. The company sells to over 100 countries through a network of wholesalers and is growing its product portfolios all the time.
Adrian Thompson, CEO of Aspen Pumps Group said; ‘We believe strongly in growing our customers businesses through creating opportunities with innovative and market leading products. Pete and Bernadette have built a strong and reputable business which is known for its quality products and dedication to customers. We are excited to work together on the next stage of this journey and open up more opportunities for both our customers in Australia.’