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ANGLIAN OPENS WINDOW TO SALE
Home improvements firm Anglian Windows has appointed accountants KPMG to manage the auction of the business, which analysts say could be valued at as much as 140 million pounds. A sell-off would mark the second time that the business has changed hands in two years, after it was acquired by its lenders when it failed to meet its financial obligations. Already Anglian, which is expected to be on track to deliver earnings of 20 million pounds in 2010, is thought to have attracted interest by numerous rival companies and private equity investors.
How much confidence in a business can you have? They are now up for sale for a second time. For what reasons, I’m not sure of yet, but they’ll surface soon enough. The interesting bit is going to be which company will swallow them up. By guess is that a bigger, rival company could be in a position to do so. I also think that a competitor will do a better job. These private equity firms who just buy up businesses rarely have the expertise that a company in the same industry do.
This could provide some interesting blog posts for a bit!
>i used to work for anglian for 15yrs had some great times best window by miles
>This is one more reason to really do your research before making your decision. I think that double glazing your windows is still the way to go, but you need to make sure you make the right choice as to which one to buy. When I replaced the windows in my living room, I used McGraw Hill's Sweets Directory of construction products and manufacturers to get my information. Though I do work for them, I honestly use them myself because they offer the most complete directory I have found. They also have a lot of useful information, as well as… Read more »
>the fact is anglian hasnt got the product it once had or should i say has still got the product it once had/literally its not even close to the best on the market .the tactics of the sales force is near draconian sales like that worked 25 years ago the public know that they can get as good if not better from joe bloggs and if you speak to reps they are finding it hard in this enviroment and are losing out to smaller companies on a constant basis.they havent got the name they once had after frequent weeks on… Read more »
>laughable. i am a anglian rep and i am busier than ever. The company is large but yet still has the family run feel. As for the product, the amount of thought research and the technology used in the design and manufacturing is second to none in this country. I from first hand experience regulary sell to existing customers who LOVE the service LOVE the quality and ae that happy 1-20 years down the line want us again, and in certain cases have a window then all the windows then the doors then a garage conversion then the driveway then… Read more »
>I had anglian windows putin about 10 years ago…..not regretting it yet although the window handles are starting to look a bit tired and could do with replacing. I know little about double glazig but I would guess that, like everything, at the right price they are good. I dont really have any issues with the quality. The best advice i think is, if you can, avoid buying on finance because you will pay much more for the same product.
>I think you'll want to get a twitter button to your blog. I just bookmarked the blog, but I must complete this by hand. Just my advice.
>Anglian are the worst company ever, i had my conservatory fitted in 2009, since then i have had mould everywhere including furniture and my kids toys. My conservatory is now leaking and i phoned them today only to be told that i have to wait 3 weeks for someone to come out to me. The company are cowboys and not to be trusted, they are quick to take your money but wont help when things go wrong. I did have one man come out to look at the mould, he told me that anglian are rubbish and he was leaving… Read more »