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N&P Group completes buyout of Lee Hood Electrical as plans revealed to work in partnership with long-established plumbing specialist
We are delighted to announce the purchase of Lee Hood Electrical in a move which sees 15 members of staff transferred to the N&P team, raising our workforce up to 50 people.
Willerby Road-based Lee Hood Plumbing and Heating Ltd, a family-owned business which has been established since 1995, will continue to operate its successful plumbing operation separately as its own entity, with 22 members of staff.
However, the two companies intend to now work closely together on a number of contracts to offer a full mechanical and electrical package to clients.
“This has been a natural step for each of our businesses,” said Lee Hood.
“We were initially a plumbing and heating specialist only and we established an electrical division which itself has grown in recent years and secured many excellent contracts.
“In some ways that side of the business grew a little too much and the contracts were becoming more demanding. It made sense for us to place our focus back fully onto the mechanical side of our business, and for N&P to benefit from taking on the expertise of our team, as well as a fleet of vehicles.
“I believe this will bring benefits to both businesses in the long run, as we won’t be competing with one another, and we can actually now start combining our services on larger jobs to provide a complete service.”
Paul Gray, director of N&P, says the addition of 15 new staff to the business will enable it to strengthen its service to the modular sector, and explore potential new markets.
“This is a really positive step for us as a business as the electrical team Lee had established have an excellent reputation and are known for the quality of their work and their reliability,” he said.
“Lee’s electrical division became a successful business in its own right and it is rare that you get the opportunity to add some very experienced and skilled people to your business, which is what we have done with this deal.
“We have an immediate new team of office staff and field engineers which will increase our capacity and extend our ability to fulfil more substantial contracts.
“We’ve been working in the same industries for many years and there have no doubt been countless where we have either pitched for work on the same developments. That won’t happen now, and we’ll be working together.
“We both respect one another and admire how each of our businesses operate so it was only natural that we talk about partnership working. That is exactly what we intend to do when clients require a full mechanical and electrical package and that brings some exciting opportunities already.”
