Rix Petroleum snaps up fellow Humber business in undisclosed deal

Fuel business Rix Petroleum has snapped up a fellow Humber business to extend its services to domestic customers.

Rix – part of 150-year-old family business J R Rix & Sons Ltd based at Two Humber Quays on Hull’s waterfront – has acquired Phoenix Heating Specialists, based on the east side of Hull in Preston, for an undisclosed sum. The move comes after the Hull company acquired two other domestic energy sector businesses to complete the family company’s heating and plumbing services for residential customers across the region.

Phoenix Heating Services will be rebranded as Rix Gas Services as part of the deal, and will join group businesses Rix Heating Services, Rix Electrical Services, and Rix Plumbing Services at their base in Bank Side, central Hull. Duncan Lambert, managing director of Rix Petroleum, said the acquisition would ‘future-proof’ the company’s domestic energy services, enabling it to install, service, and maintain oil, gas, electrical, and renewable-based heating systems.

He said: “As a business with a 150-year heritage in Hull and East Yorkshire, we have always taken great pride in being able to offer the products and services our customers need to keep their houses warm and dry. But as technologies develop, and the variety of heating systems available expands, we needed to update our skills and services to ensure we can continue to do this.

“This latest acquisition completes our offering, giving us comprehensive services across all domestic energy types, including oil, gas, electricity, and renewable technologies. I’m delighted to welcome Phoenix Heating Specialists into the Rix family. The move not only helps to futureproof our business, it ensures we can continue providing the trustworthy service we’ve become known for over the past century-and-a-half.”

Phoenix Heating Services was launched by owner-manager Matt Dixon and employs four staff, all of whom will move across to the Rix Group. Mr Dixon said having the backing of the Rix Group would enable the business to grow much more rapidly than if it had stayed independent.

He said: “Rix Petroleum is a such a well-known and successful business that to have become part of it is a real source of pride. The resources the business can provide, and the access to a much larger customer base, will not only turbocharge our growth but ensure the business will sustain over the long term. Everyone in the Phoenix team is very excited by the move.”

Original artice – https://business-live.co.uk/all-about/yorkshire-humber

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top