HTG Trading, the company that owns Hubbard Ice Systems and Taylor UK, has been bought by two former Enodis and Scotsman Industries directors, Dave McCulloch and Dave Wrench.
HTG Trading, based in Otley, Suffolk, was previously owned by a venture capital consortium. Hubbard Ice Systems is the UK distributor of Scotsman ice machines and Taylor specialises in ice cream and frozen yoghurt equipment.

Martin Wood, chief executive of HTG Trading, has also invested in HTG Investment - the company that now owns HTG Trading - and says: 'This commitment, from two such well respected and experienced industry professionals, underlines the strength of HTG, its brands and its business plan.

'Hubbard and Taylor are the market leaders in their sectors. For example, in a recent survey of catering equipment distributors, Scotsman came top in the quality ice machine equipment category, while Hubbard scored well over 90% in terms of after sales support. We are already looking at ways to build on their successes to further develop and grow the company in the future.'