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Energy Partners expands
refrigeration stronghold
E
P HVAC & Refrigeration, a division
of Energy Partners, has announced
the conclusion of three new
business transactions with the well-known
Multistage Cooling, Fridgetec and
Refrigeration Services.
Energy Partners is a leading supplier of
energy solutions in South Africa and forms
part of the PSG group of companies.
These new transactions are part of the
company’s vision to provide customers
with the lowest heating and cooling life
cycle costs.
Being the leading supplier of outsourced
refrigeration solutions, EP HVAC &
Refrigeration launched its products for the
industrial market in 2015 and followed up
with a metered solution for the retail sector
in 2016. Since then, new energy efficient
refrigeration systems, owned and operated
by EP HVAC & Refrigeration, have already
been installed at four Pick n Pay and Spar
supermarkets as well as several plants in the
meat and dairy industrial sector, where the
clients only pay a monthly fee linked to their
metered refrigeration consumption.
Head of EP HVAC & Refrigeration,
Dawie Kriel, states that providing
customers with options such as
outsourced refrigeration requires the best
installation and maintenance capacity
possible. “To this end, EP HVAC &
Refrigeration identified potential partners
that also believed in our vision.”
One such company is Johannesburg-
based Multistage Cooling, a well-known
name in industrial refrigeration for the past
20 years, and a company that has quality
work at the core of its existence. The two
businesses immediately saw the potential
of working together and EP HVAC &
Refrigeration concluded its acquisition of
Multistage Cooling on 1 March 2017.
As part of the acquisition agreement
with EP HVAC & Refrigeration, director of
Multistage Cooling, Bob Vuletic, will stay
on in his current position at the company
for the next three years before taking up a
more leisurely lifestyle.
Owners Bob and Vanessa Vuletic have
been impressed with the qualities Energy
Partners bring to Multistage Cooling. “We
From left are the executive management of these three businesses: Bob Vuletic (Multistage Cooling),
Dawie Kriel (Energy Partners), and Toby Campbell (Fridgetec).
believe that this transaction will strengthen
the brand and we look forward to help
EP HVAC & Refrigeration grow Multistage
Cooling into a formidable force in the
industry. They have the same dedication
to quality through innovation that made
Multistage Cooling a leader in the
industry,” says Bob Vuletic.
In addition to the Multistage Cooling
transaction, Kriel stated that earlier
this year, EP HVAC & Refrigeration also
acquired a 74% stake in Cape Town based
Refrigeration Solutions as well as Fridgetec
Services in Gauteng, both service providers
in the commercial refrigeration sector.
“Energy Partners has worked for the past
two years to cement these partnerships,
and we are very excited about what we
have achieved. This will enable EP HVAC
& Refrigeration to offer highly competitive
rates for clients and it has placed the
company in a unique position to offer a
full range of services to the commercial
and industrial refrigeration market in South
Africa,” says Kriel.
The executive management of these
three businesses, Bob Vuletic, Toby
Campbell and Dawie Kriel, has more than
90 years of experience in the refrigeration
industry between them. Many of the
significant firsts in the industry has been
the result of the innovative spirit of this
group. “The new partnerships will also
allow EP HVAC & Refrigeration to operate
more effectively and maintain our assets,
making our outsourced refrigeration
COLD LINK AFRICA • May | June 2017
more affordable for a wider range of
customers,” Kriel states.
“We are excited about the new
opportunities the Energy Partners metered
cooling model and breadth of su