innergy group acquires HB Dobson LTD

HB Dobson (Gas) began trading in 1969. Over the past 45 years HB Dobson have built an unparalled reputation in Harrogate and the wider North Yorkshire area for friendly, reliable and expert service.

Peter Dobson, Managing Director of HB Dobson said “It was important to me to be able to entrust the business and its customers to a company that shares our customer focus and understands the importance of being a considerate employer. innergy also have the expertise, ambitions and resources to further grow the business.”

“Peter, James and their team have built a wonderful reputation with their customers for exceptional service” said Gez Walsh, Managing Director of innergy. “We see fantastic opportunities to introduce our product range in to their customer base; solid fuel retail packages to their network of stockists, drinks dispense gases to the pubs and restaurants who have trusted Dobsons for so long, welding gases and equipment to current and potential industrial customers. We also expect to achieve significant operational efficiencies whilst maintaining both companies fantastic customer service levels”.

The acquisition is the fourth for innergy and part of their Mission 2021, to achieve £10m in turnover by 2021.

innergy were advised by the Mazars Corporate Finance team Alex Baskeyfield and Josh Thorneycroft and GC Business Lawyers. Funding was supported by Yorkshire Bank Commercial Finance.

Alex Baskeyfield, Corporate Finance Director at Mazars, added “innergy have an ambitious and well-funded growth plan. Their strategy allows them to fully price potential acquisitions whilst achieving excellent levels of return. We are working with innergy to build a pipeline of potential acquisitions and expect to see rapid progress in delivering upon their ambitions”