Moray-headquartered Heatcare Oil and Gas, which was founded in 2000, has been acquired by Cardo Group.
The Scottish-based company employs 85 people across the country and has offices in Keith, Aberdeen and Elgin, as all staff will be transferred under the new ownership.
Heatcare, which has a turnover of £10 million, was bought for an undisclosed sum and will continue to trade under its own name.
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The business provides a range of heating, electrical, plumbing and joinery work for both domestic and commercial properties, according to its website.
Cardo, which has an annual turnover of £150m, acquisition of Heatcare is the firm’s first venture into Scotland. It mainly provides building maintenance services to social housing providers and public bodies across Wales and England.
Directors Calum McCombie and Darren McLeod from Heatcare will continue to lead the firm to help with a transition to Cardo Group, according to the Press and Journal.
“It has been a privilege for Darren and me to lead Heatcare and work alongside such a dedicated team, and we look forward to doing so well into the future,” McCombie told the newspaper.
“Our focus on delivering reliable and efficient heating solutions aligns perfectly with Cardo’s vision for energy-efficient systems.
“Darren and I, and all at Heatcare, look forward to continuing to work with our valued clients and supply chain partners, with the support of our Cardo colleagues helping to take us to new levels.”
Cardo, which was founded in 2022, hopes to create more job opportunities in the future as there is an advert on Heatcare’s website advertising recruitment for a variety of roles.
Liam Bevan, Cardo chief executive, said: “We are pleased to welcome directors Calum and Darren and the whole Heatcare team into the Cardo family.
“Their extensive expertise, combined with our existing strengths in mechanical and engineering, renewables, and retrofit services, will further elevate our ability to deliver high-quality, energy-efficient solutions.”