20 February 2024
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Rob Barnes of MKM, left, with Oceanair's Tony Evanson
Specialist air conditioning and heat pump distributor Oceanair UK has been acquired by leading independent builders' merchant MKM.
Established in 2002 and with premises in Mansfield and Crawley, Oceanair supplies HVAC equipment from brands including Daikin, Fujitsu and Panasonic.
Kate Tinsley, CEO of MKM, said: “This is an interesting acquisition for MKM and enables us to expand into further emerging marketplaces; Oceanair is a great company with very talented people. I’m really excited about our growth plans.”
MKM says Oceanair will continue to operate under its existing name, ensuring continuity for both customers and suppliers. Tony Evanson, the owner of Oceanair, will remain involved in the business for the foreseeable future providing support during the transition.
Evanson said: “I’m incredibly proud to see the business grow over the years and have developed some fantastic relationships with staff, customers, and suppliers. I have thought long and hard about selling the business and was adamant it needed to go to the right home. I’m very pleased to be around the business to support the MKM team and look forward to seeing Oceanair grow under its new ownership”.
Rob Barnes, MKM's Business Development Director leading the acquisition, said: "This acquisition fits perfectly with MKM's plans for expansion, allowing us to branch out further into the HVAC industry. Continuing to work closely with the current Oceanair team guarantees a seamless transition, customers and suppliers can expect business as usual.
“Oceanashp.co.uk, part of Oceanair, specialises in heating and concentrates on designing, supplying, commissioning, and supporting air-to-water heat pumps. Their Heat Pump Training Academy conducts courses on design and installation and has recently earned recognition as a "Centre of Excellence" by Panasonic. This fits perfectly with our commitment of offering more sustainable options to customers.”
Established in 1995, MKM has grown to become a key player in the UK building and construction industry. It not has branches across England, Scotland and Wales, and a turnover of around £1 billion.
