Heiton acquires Waterford plumbing company

Heiton, building materials and owner of home improvement outlet Atlantic Homecare, has acquired Waterford-based plumbing firm Paddy Power and Company for a reported €5m.

Heiton, building materials company and owner of home improvement outlet Atlantic Homecare, has acquired Waterford-based plumbing firm Paddy Power and Company for a reported €5m.

Paddy Power and Company is the south-east's largest plumbing, heating and drainage merchant, and generated a turnover of €8m last year, with net assets of €1.0m.