Colchester-based AGM designs and manufactures pressurisation and water booster units and installs and maintains fresh and waste-water pump systems. The company offers a nationwide service from its centres in Manchester, Colchester and Southampton.
The acquisition expands Stuart Turner’s overall product range and also brings a servicing capability into the business. It supports the strategy to transform the company into the leading provider of water-boosting solutions and services in the UK.
Commenting on this latest acquisition, Richard Harden, Stuart Turner’s chief executive, said: “AGM is a great fit for our product portfolio and gives us immediate access to the services market, which is seen as a significant area of growth for the company. The team at AGM have established a fantastic reputation for both service and technical capability and we are looking forward to welcoming them into the Stuart Turner family.”
Founded in 1906 and headquartered in Henley-on-Thames, Stuart Turner supplies water-boosting products that manage water pressure in residential and commercial/industrial applications. These range from domestic shower pumps, where the company’s Monsoon product is the UK market leader, to bespoke systems that combine cold-water boosting, pressurisation units and circulators to manage the supply of hot and cold water in commercial buildings and for industrial purposes.
Stuart Turner is supported by private equity firm Epiris, which invested in the company earlier thois year.