STAFF at a Dunfermline-based flooring contractor are to be kept after its acquisition.
Energystore has acquired a majority share of Advanced Traditional Screening (ATS) for an undisclosed sum.
Following the acquisition, ATS will continue to operate as a standalone company within the energystore group and all 17 staff will be retained.
Based at Elgin Industrial Estate, ATS has been a long-term installer of energystore TLA, a flagship energystore product which combines eps beads coated in an innovative additive with cement to create a pourable insulation.
This insulation offers a non-combustible alternative for use in floor and roof construction.
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Connor McCandless, managing director of energystore, said: “We have known Jason and his team at ATS for a number of years and have been impressed by their work for tier one construction firms across a wide range of projects.
“We have been looking at opportunities to grow energystore’s footprint across the UK and we felt that ATS’s culture, values and growth ambitions were very aligned with our own.
“Like us, they are a company that is committed to delivering quality work and to supporting the communities they work in. We were already working together on some exciting development opportunities, so it has been an easy move to formally join forces.”
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Jason Lister, founder and Managing Director of ATS, will continue to lead the business.
Jason said: “I’m really proud to be able to announce this partnership with energystore at a time when ATS has been enjoying significant growth and has a very healthy order book for the year ahead.
“In the most recent financial year ATS grew our turnover to a record £5m and I am confident we will increase that again this year.
“As a customer and installer of energystore TLA, we know they are a company committed to innovation and sustainability.
"ATS now has a great opportunity to expand the range of products and services we provide to our customers as part of the energystore team.
“It is a very positive day for the company, our people and our customers."
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