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Under the deal, staffing levels at the Glasgow-based company will grow by 50% to 44, with employment set to rise to 75 people over the next few years. In addition, the move is set to increase group turnover to almost £30 million.
Firefly Solar Generators has now been renamed to Firefly Hybrid Power and will lead future developments in the manufacturing division of CCL Energy. The company produces hybrid power systems for a variety of sectors, including construction, where its customers include A Plant, Speedy Hire and Aggreko. Over the last three years it has generated more than £10m in sales.
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Firefly's portfolio of clean energy products will be combined with CCL's Powerplus range of hybrid power systems to help the expanded business secure a larger share of the clean energy market. David Piper, a previous employee of Firefly, will manage the new company. He has significant technical and sales experience in the sustainable energy sector.
Director Paul R Brooks said: "This acquisition reinforces our commitment to Powerplus and the Renewables and Clean Tech sector across the globe. Our ambition is to achieve group turnover of more than £50 million - this move bolsters our ability to make that target a reality.
"Governments and companies are increasingly prioritising improvements in air quality by reducing dependence on fossil fuels used in diesel generators. While the USA and Africa are clear targets, closer to home the UK and Scottish Governments are encouraging low-carbon investment and innovation. There are also growth opportunities for the CCL Energy Group with Firefly Hybrid Power products, both in the UK and beyond."
Mr Brooks added: "We aim to continue our investment in the Firefly Hybrid Power business both in the short and long term - adding key employees, improving existing products, and developing new products and services. This will enable us to become the leading supplier of hybrid power solutions."
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