This wave of consolidation within the fenestration market is really picking up pace as yet another acquisition of an aluminium systems company has just been announced.
Building envelope solutions specialists Bailey has announced that it has acquired The Parkside Group, which contains Comar Architectural Aluminium Systems and Axim.
This is the official statement from Bailey published on their website just a few hours ago:
Bailey Expands Total Building Envelope Offering With Strategic Acquisition Of The Parkside Group
Bailey, a leader in flat roofing and building envelope solutions since 1975, today announced the acquisition of the assets of The Parkside Group, bringing the renowned Comar architectural aluminium systems and Axim hardware brands into its comprehensive product portfolio.
This strategic acquisition significantly enhances Bailey’s capabilities in the construction sector, expanding its total building envelope offering to include aluminium window and curtain walling systems.
Enhanced Building Envelope Solutions
Since its founding in 1975, Bailey has evolved from flat roofing specialists to become an industry leader in the design and manufacture of aluminium façades. The addition of the Comar and Axim brands represents a natural progression in Bailey’s growth strategy, creating a more comprehensive building envelope solution for its customers.
Daniel Gilmore, CEO of Bailey, commented: “This acquisition marks an exciting development in our commitment to providing the highest quality building envelope solutions. By bringing Comar and Axim into the Bailey family, we’re strengthening our capability to serve our customers with an even broader range of products and expertise.”
Peter Dziurzynski, Managing Director of Comar & Axim, added: “Joining Bailey opens exciting new possibilities for the Comar and Axim brands. Our architectural aluminium systems and door hardware solutions complement Bailey’s existing product range perfectly, creating a truly comprehensive building envelope offering. We look forward to combining our strengths to deliver enhanced value to our customers across the construction industry.”
Business Continuity Assured
Bailey has confirmed that the acquisition will not disrupt current service to customers of either business. Existing relationships, contacts, and support channels with across Bailey, Comar and Axim will remain unchanged throughout the integration process.
The expanded portfolio will enhance Bailey’s ability to meet customer needs through greater expertise and resources, while maintaining the high levels of service that customers of both companies have come to expect.
Read the original article here: https://builtwithbailey.com/bailey-expands-total-building-envelope-offering-with-strategic-acquisition-of-the-parkside-group/
This is the third acquisition in the space of a week where an aluminium systems company has been acquired by a larger organisation. I will explore this trend in an article later this week, but there is more certainly something significant ongoing in the aluminium space in our sector and I don’t think it is over.
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