Home improvement giant Wickes is to take a majority stake in Yorkshire-based solar installations company Solar Fast in a multi-million deal, it has been announced.
Wickes has announced it has agreed to acquire 51 per cent of the issued share capital of Gas Fast Limited, the parent company of Castleford-based Solar Fast. The latter firm specialises in solar panel installations along with a smaller business installing gas boilers. Sign up to The Yorkshire Post’s free business newsletter Solar Fast founder and CEO David Draper will continue to lead the business, with FCA approval for the deal expected in the coming weeks. Wickes will pay at least £5.
We're a family business and our vision has always been to become the number one provider in the UK for quality domestic solar installations and with the Wickes brand behind us, we are closer to achieving that vision. I, along with all of the Solar Fast team, are very much looking forward to being part of the Wickes family and to working together to make UK homeowners more energy independent.
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