Leeds-based piping and ventilation systems firm Genuit Group plc — formerly called Polypipe Group — announced on Monday it has acquired Davidson Holdings Limited for £49 million.
Genuit calls itself “the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment.”
Genuit said Davidson Holdings comprises leading brands in the plumbing and heating sectors including Salamander Pumps, Cistermiser, Talon and Keraflo.
“These brands have strong market positions, primarily in the UK Repair, Maintenance and Improvement sectors of the residential and commercial segments, and benefit from sustainability-led growth drivers,” said Genuit.
“The business is expected to deliver full year 2025 revenue of £32.8 million.
“The consideration has been fully funded from Genuit’s existing debt facilities. The business will form part of the group’s Sustainable Building Solutions (SBS) Business Unit.”
Genuit added: “Davidson is a group of three businesses with manufacturing sites in Sunderland, Reading and Gillingham.
“Its key brands include Salamander shower and boosting pumps, Cistermiser water saving sanitary solutions, Keraflo cold water tank control valves, and Talon pipe clips and fixings.
“These brands occupy leading positions in their segments and are sold through plumbing and heating distributors and merchants.
“The business is increasingly focused on solutions that use less water, which are in growing demand given stressed water supply to homes and increasing water costs in commercial and public buildings.
“The business primarily serves the UK market, with a small but growing proportion of export revenue.”
Genuit CEO Joe Vorih said: “We are delighted to welcome our new colleagues to Genuit. Davidson is an excellent fit with the existing businesses within SBS, adding to our portfolio of strong brands alongside Polypipe, Manthorpe and Terrain.
“We see opportunities to grow Davidson’s products by utilising our existing strong market positions, as well as combining certain product ranges to provide higher value-added solutions to customers.
“Additionally, by deploying the lean techniques of GBS, and our procurement scale, we expect to deliver efficiency improvements in the near future. This transaction follows our recent acquisition of Monodraught and demonstrates the strength of our M&A pipeline.”