Selected investment · Industrial Value-added Distribution
Hawco
Technical distribution for energy-efficient systems
The investment
Why we invested.
Founded in 1973, Hawco supplies component parts, spares and technical solutions to OEM manufacturers and after-market contractors/installers in the refrigeration, air conditioning and industrial markets.
Investment rationale
Why this business.
Hawco is a resilient business; its customers and suppliers value its technical capability, helping design and supply into OEM solutions. It enjoys strong, long-term sector tailwinds, addressing the need for climate and energy efficient, business-critical solutions. It has a large and loyal base of customers in a number of countries. We will look to grow the business through investment in areas that will benefit from Hawco’s advanced energy efficiency solutions and controls, enhancing the company’s technical and servicing capability and further internationalisation, both organically and via selected acquisitions.
The Bay Tree difference
How we add value.
Bay Tree brings experience and insights in value-added distribution gained through its investment in Prime Light and its wider network. We work closely with the management team on strategic priorities including international expansion, developing Hawco’s technical and servicing capability and evaluating selected acquisition opportunities.