TEV

TEV Limited is a UK-based designer and manufacturer of cooling, heating, and refrigeration equipment, operating through two renowned brands: Marstair and Quartz. Marstair specialises in air conditioning and refrigeration solutions for sectors such as retail, leisure, and food manufacturing, while Quartz focuses on chilled water-cooling solutions for commercial, residential, and public sector applications. With a commitment to energy efficiency and environmental sustainability, TEV manufactures its products at its facility in West Yorkshire.

In May 2017, YFM Equity Partners supported the management buyout (MBO) of TEV Limited, recognising the company’s strong market position and consistent growth. TEV’s focus on designing energy-efficient products aligned with tightening environmental regulations, presenting significant opportunities for expansion. YFM’s investment aimed to accelerate TEV’s growth by enhancing its product range and capitalising on niche market opportunities in the UK and overseas.

With YFM’s backing, TEV is well positioned to:

• Expand Product Offerings: Develop innovative, energy-efficient solutions to meet evolving customer needs and regulatory requirements.
• Enhance Market Reach: Leverage its strong reputation to explore new markets and applications for its bespoke products.
• Invest in Sustainability: Continue focusing on lowering environmental impact through product design and manufacturing processes.

Impact and Future Plans
Since the MBO, TEV has continued to build on its strong growth, underpinned by regulatory drivers favouring energy-efficient solutions. The company remains dedicated to expanding its product range, focusing on lowering environmental impact and improving energy efficiency for customers. Looking ahead, TEV plans to further invest in sales and product development to accelerate growth across all areas of the business, solidifying its position as a leader in the HVAC-R industry.