business

Panoramic Group Acquire Epwin Glass

It has been reported in recent days that Epwin Glass has been acquired by Panoramic Group for an undisclosed sum. This is the first major acquisition of 2019, and although we face a rocky few months, I would not rule out further mergers and deals in the coming months. The UK fenestration sector is [...]

By |2019-01-17T23:46:12+00:00January 17th, 2019|Categories: business, double glazing industry|

SafeGlaze Creditors Owed & Ex-Safestyle Co-Founder Loses Court Battle

SafeGlaze UK and Safestyle UK were companies that dominated the industry news in a big way in 2018. The former now doesn't exist, but that still doesn't stop the business from making news. Last week we had news stemming from both companies breaking on the local paper the Telegraph & Argus. Here's the key [...]

By |2019-01-14T22:51:10+00:00January 14th, 2019|Categories: business, double glazing industry|

Acquisition: Premier Conservatory Supplies Acquires Scottish Manufacturing Plant

This article contains a circulated press release from Premier Conservatory Supplies Just when you thought we were headed for a sleepy end to the year, we get the news of another industry acquisition. This one should be the last one of the year. It is only a week to Christmas! The statement Here is [...]

By |2018-12-17T23:03:27+00:00December 17th, 2018|Categories: business, Businesses bought, double glazing industry|

Safestyle Issues First Trading Update After Their Commercial Agreement

Safestyle UK have issued their first trading update since their October Commercial Agreement with Safeglaze. This is the first test for the company as they seek to recover lost ground this year. The update Here is the text of the update as published on their PLC website: Safestyle UK plc, the leading retailer and manufacturer of [...]

By |2018-12-17T12:33:47+00:00December 17th, 2018|Categories: business, double glazing industry|

Raw Aluminium Prices Fall Away, Should Fenestration Sector Prices Fall Too?

Remember earlier on in the year when there was a fair old panic about aluminium? Specifically about supply and price and how it could affect our industry? Well that never fully materialised did it. A mix of US sanctions and supply problems in other countries all contributed to the crisis. It caused the price [...]

By |2018-11-25T23:30:38+00:00November 25th, 2018|Categories: business, double glazing industry|

Safestyle Shares Fall Dramatically Away

Safestyle shares have been having a bit of a honeymoon period in the last couple of weeks. A threat has been removed from the marketplace. The type that could cause serious damage or worse. That honeymoon period seems to have come abruptly to an end. A quick retreat Take a look at this chart: [...]

By |2018-11-21T11:20:55+00:00November 21st, 2018|Categories: business, double glazing industry|

Armstrong Watson Secures Sale Of SafeGlaze UK Order Book To Warmseal

Finally, some long awaited good news for customers associated with SafeGlaze who have work that it yet to commence: This is a press release issued by Armstrong Watson and Warmseal Further to the appointment of Robert Adamson, Mike Kienlen and Mark Ranson as Joint Administrators of Niamac Developments Limited (formerly trading as SafeGlaze UK) on [...]

By |2018-11-12T17:08:07+00:00November 12th, 2018|Categories: business, double glazing industry|

SafeGlaze Enters Administration

It has been announced that NIAMAC DEVELOPMENTS LTD, trading as SafeGlaze UK, has gone into administration with the loss of 130 jobs. This comes after the news that they had struck a commercial deal with rivals Safestyle UK to end their dispute, which also saw previous owner Mitu Misra rejoin the company to aid [...]

By |2018-10-31T16:08:10+00:00October 30th, 2018|Categories: business, double glazing industry|

Safestyle Share Price Rises A Staggering Near 70%

I know there has been a lot of Safestyle news on DGB in the past few weeks, and for good reason. But since the commercial deal struck with the owner of SafeGlaze announced on Monday, the response to Safestyle from investors has been remarkable. Something we could not have predicted just a few short [...]

By |2018-10-25T22:01:12+00:00October 25th, 2018|Categories: business, double glazing industry|

Safestyle UK Reaches Commercial Agreement With SafeGlaze UK

Over the weekend I was receiving messages from both sides as to the impending Safestyle UK/SafeGlaze UK deal, and as expected, I have been given the official press release stating so. These are the things we know, and fair to say, stock price reactions have been good. The statement Commercial Agreement Further to the [...]

By |2018-10-22T11:19:08+00:00October 22nd, 2018|Categories: business, double glazing industry|

Safestyle Deny Safeglaze Takeover Rumours

The fenestration industry rumour mill is in fifth gear right now. Whispers of this, tales of that. One rumour to actually have been addressed today however is the trade speculation that Safestyle UK is to buy SafeGlaze UK. Could this story have any more twists and turns? Safestyle actually addressed the speculation earlier on [...]

By |2018-10-19T15:03:40+00:00October 19th, 2018|Categories: business, double glazing industry|

Safestyle Shares Rise Nearly 30% Since First-Half Results Published

Well, 29.5% to be exact, but by the laws of stats you can round that up to 30%. This is frankly remarkable. Last week I published the results of Safestyle's first half of the year including my own analysis of those figures. If you didn't catch that you can click here to read my [...]

By |2018-09-23T22:58:15+00:00September 23rd, 2018|Categories: business|

Safestyle Announce Negative H1 Interim Results

Safestyle UK reported their interim H1 results this morning, and if you have any interest in the company, then the reading was not positive. At all. Before I go into my analysis, of which there is plenty to go at, these are the main bullet points of the news you need to know. The [...]

By |2018-09-20T11:13:14+00:00September 20th, 2018|Categories: business|

Deceuninck Announce Strong H1 In Latest Trading Update

You know me, I'm a bit of a business nerd. So when a company sends me a their trading update, I'm always happy to publish it on here and give it a bit of a going over. #nerd This time round it's Deceuninck and they have announced their first half year trading results. Not [...]

By |2018-09-06T22:37:59+00:00September 6th, 2018|Categories: business|

Eurocell Publishes It’s Half-Year Results

In the business world it has been earnings season for the last couple of weeks or so, and in the window world this is no different. Eurocell is the next name to publish it's half-year report, and on the face of it, all seems to be going rather well. The overview I'm not going [...]

By |2018-08-04T21:31:39+00:00August 4th, 2018|Categories: business, double glazing industry|

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