Fast-growing cleantech business Green Building Renewables’ tenth acquisition sees it surpass the £40m turnover milestone as it continues its rapid expansion across England at the start of 2024.
Crawley-based Doré Woodman has joined Green Building Renewables’ nationwide network of renewable experts, allowing the company to expand further into Kent, Surrey, and Sussex.
Since 2021, Green Building Renewables has increased its turnover more than tenfold from £3m to over £40m. At the same time, staff numbers have risen from 18 in its York office to over 200 across its fourteen regional offices in England.
Green Building Renewables aims to be the largest installer of domestic renewable technology by 2025 with a turnover of £100m.
Managing Director of Green Building Renewables, Chris Delaney said: “Our tenth acquisition and surpassing the £40million turnover mark is a double milestone for the company and a great start to the year. Everyone within the business can be extremely proud of our achievements in the last two years.
“We have grown our reach and expanded our coverage across England. Our ambitions for 2024 are even bigger as we aim to have full coverage of England. We welcome Ben Freeman and the team at Doré Woodman to ours.”
Ben Freeman, founder of Doré Woodman, said: “From the outset of our discussions, it was clear that Green Building Renewable is creating something unique. Its model of a nationwide network, based on local installers, is exactly what this market needs and aligns with our own core-beliefs.
“Unlike conventional heating systems, heat pumps require extensive design, installation and commissioning capabilities coupled with a supportive, customer-driven mentality. Our full-system approach links the many different renewable systems into one bespoke solution, thereby ensuring a streamlined, efficient process to deliver the perfect outcome and a best-in-class customer experience.”
Doré Woodman serves residential clients in Kent, Surrey and Sussex and specialises in heat pump installations.
Green Building Renewables recently appointed Chris Joubert as its new Merger and Acquisition Director to lead further growth of Green Building Renewables through the strategic acquisition of reputable renewable installation companies across England.
Chris said: “Doré Woodman is the perfect example of the calibre of company that we want to join Green Building Renewables and to help expand its network. While I can’t take responsibility for bringing this acquisition on board, it is a perfect blueprint for the type of business I will be looking for and aiming to get into the company’s nationwide network.
“I am looking forward to working alongside Chris and the team at Green Building Renewables to help reach its ambitions of becoming the largest domestic renewables installer in England and to reach its £100million turnover.”
