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Powering up our latest investment: Dulas acquires British refrigerator manufacturing plant, Polestar Cooling

Powering up our latest investment: Dulas acquires British refrigerator manufacturing plant, Polestar Cooling

We are thrilled to announce that our shareholders voted last month to purchase 100% of Polestar Cooling, a specialist manufacturing plant based in Bognor Regis, West Sussex.

We have worked closely with Polestar for nearly twenty years to deliver refrigeration to primary healthcare facilities across the developing nations. In 2016, Dulas bought a 50% stake in the plant to strengthen our relationship and to continually improve our portfolio of products.

Dulas and Polestar’s history has been a great success story, and our recent technological advances include our bestselling range of solar direct drive (SDD) refrigerators. These ground-breaking appliances operate without batteries, enabling remote communities to avoid the logistical difficulty of replacing them, which ultimately saves more lives.

This acquisition will benefit the international community who depend on our products for essential healthcare, and it will also contribute a significant sum to the local Welsh and English economies, as jobs in Machynlleth and Bognor will be secured.

Dulas’ Managing Director, Ruth Chapman, states that, “Dulas has worked closely with Polestar since our inception. Our refrigerators have been deployed to over 80 countries and we’ve supported countless public health initiatives. Technology like ours could become a component in the fight against COVID-19 should a liquid vaccine be needed. By acquiring Polestar, we can focus on scaling up our production alongside developing new and valuable refrigeration technologies.”

Ruth also added that, “We value tremendously our relationship with the staff at the plant and all the people of Bognor Regis, whose skills have contributed an enormous amount to our progress as a company. We look forward to the future of Dulas’ innovation, knowing that this acquisition will put us on the strongest of footings to continue leading the refrigeration sector. This is an exciting development for the company, and excellent news for shareholders, clients and for the wider industry.”