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AHT looks for rapid growth after Caravell deal

Austrian commercial refrigeration specialist AHT Cooling Systems is looking for rapid growth within the UK market after buying Buckingham based company Caravell.

AHT will integrate Caravell – which had a turnover last year of £18.3 million – fully into its UK operations.

AHT is keen to exploit Caravell’s existing sales network, but all its existing products will be rebranded AHT to emphasise the future identity of the company.

Hans Jörgensen, AHT chief executive, said: “With this purchase AHT will get in a position to grow its UK business at a faster rate - which will contribute to the AHT target of doubling the size of the company within five years.”

AHT said the Scanfrost brand will be used within the value for money portfolio and will be used on all the products not manufactured by AHT.

Caravell’s management team, led by John Lougher, will work alongside the current head of the existing AHT Team, Stephen Burke.

Hans Jensen, the previous chairman of Caravell UK, will take up a new role within AHT’s worldwide business.

In the future AHT’s UK business will have two divisions: The supermarket division will manage chest freezers and will be run by Stephen Burke and his team, all other products such as bottle coolers and ice cream freezers will be handled by John Lougher and his team.