History

Stelrad is an established long term player in the Steel Panel radiator market

  • 1936

    Manufacture of column radiators commences at Southall (UK)

  • 1991

    Manufacture of Steel Panel radiators commences at Çorlu (Turkey)

    termoteknik
  • 2000

    Leveraged buyout of Caradon Plumbing from Caradon PLC led by HSBC Private Equity

  • 2005

    Leveraged buyout of Ideal Stelrad Group (boilers and radiators) led by Warburg Pincus

  • 2015

    Beginning of capital investment programme. Disposal of Ideal Boilers

  • 2018-20

    Continued operational rationalisation with further production moved to Turkey

  • 1960s

    Manufacture of Steel Panel radiators commences at Nuth (Netherlands) and Mexborough (UK)

    Stelrad - Radiator Group Henrad - Stelrad radiator group
  • 1998/99

    Caradon PLC simplifies its portfolio to focus on 4 divisions: Boilers, Radiators, Bathrooms and Showers

    Caradon
  • 2001

    Disposal of Twyford Bathrooms and Mira showers reflecting strategy to focus on Boilers and Radiators

  • 2013

    Leveraged buyout of Ideal Stelrad Group led by Bregal Capital

  • 2018

    Acquisition of Hudevad a designer radiator manufacturer based in Denmark

    Hudevad - Radiator design