Fenestration industry M&A activity gears up again in the glass sector as Clayton Glass announce they have done a deal with Saint-Gobain to purchase two manufacturing facilities. One in Scotland and one in England. This is the statement provided by the company:
Clayton Glass can today announce the exchange of contracts in a deal to purchase the insulating glass unit manufacturing facilities at Motherwell and Canterbury from Saint-Gobain PLC.
With this move, both capacities and geographical coverage have been significantly improved, as we strengthen our ability to deliver to the whole of the UK, from the South Coast of England to the North of Scotland.
These additional capabilities will now allow us to produce upwards of 65,000 units a week, in a mix of standard IGUs, and specialist roof and door products.
With this latest investment, Clayton Glass consolidates its position as a unique, owner-managed six-site operation; the largest of its kind in the UK, and widely recognised for its innovative approach to all aspects of IGU supply.
The industry is coming off the back of an extremely busy period, something the likes of which very few of us have seen. It appears now that we’re entering a tougher period. It is during this time that we may well see some major consolidation, where major players in the market are able to extend their reach and seek out buying opportunities to expand their market share.
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