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Capital Cooling business sold for £300k
2018/01/05
Jan 04, 2018
UK: Capital Cooling will continue as a cabinet sales company under the name Capital Cooling Refrigeration Ltd, having been bought by new owners for £300,000.
 
The news follows last week’s announcement that the Edinburgh-based company’s service division had been closed in a pre-pack administration deal. That deal, administered by accountants KPMG, saw the company’s service division sold to Sound & Vision 2016, a subsidiary of London-based private equity company Rcapital Partners LLP. On December 20, Sound & Vision 2016 was renamed Capital Cooling Refrigeration Ltd.
 
Alister Mclean, the founder of Capital Cooling, is not involved with the new company, but it is thought that James Anderson, who was appointed MD of Capital Cooling in June, will head the new business.
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