Nuaire is the UK market leader in energy-efficient domestic and commercial ventilation solutions, and its fans are used in all types of commercial and residential buildings, infrastructure projects and numerous applications by manufacturers in the UK and around the world.
Based in Caerphilly and operating since for over 50 years, its products are available in over 40 countries, employs over 450 people and has a customer base of 5,000.
ECI backed a management buyout of Nuaire in 2004 and recruited a Chairman and new CEO. Under ECI’s ownership, the business invested significantly in R&D and was the first to market with a number of products – in fact, when ECI sold its stake in 2007 more than 60% of revenues in that year came from products launched during ECI’s investment period.
Electra backed a buyout in 2007 and continued this strong commitment to product development, and expanded its customer base which resulted in an 80% increase in revenues and a 120% increase in profits. Nuaire was acquired by Polypipe Group in August 2015.
WINNER - BVCA MANAGEMENT TEAM AWARDS 2016
Caerphilly, South Wales
ECI: 2004 - 2007
Electra: 2007 - 2015
ECI | NUARIE
ELECTRA | PORTFOLIO: NUAIRE