In a significant development for the UK fenestration industry, Epwin Group plc has unanimously accepted a recommended cash offer from Laumann Group SE, the German-based parent company of VEKA, valuing the business at approximately £167.3 million. The deal, announced on August 7, 2025, marks a strategic consolidation in the PVC-U extrusion and fabrication sector, potentially reshaping supply chains for windows, doors, and building products across Europe.
Under the terms of the acquisition, Epwin shareholders will receive 120 pence in cash for each share, representing a 31.9% premium over the closing price on August 6, 2025. The offer has received full backing from Epwin’s board, which highlighted the deal’s recognition of the company’s strong performance and future potential amid challenging market conditions.
Epwin Group, a leading UK manufacturer of low-maintenance building products, specialises in PVC-U window systems, doors, and related extrusions. With over 2,100 employees and operations spanning extrusion, fabrication, and distribution, the company has been a key player in the double glazing market, serving installers, fabricators, and housebuilders. Its brands, including Profile 22, Spectus, and Swish, are well-established in the residential and commercial sectors, emphasizing energy-efficient and sustainable solutions.
Laumann Group, a family-owned entity headquartered in Sendenhorst, Germany, is best known as the holding company for VEKA AG, one of the world’s largest extruders of PVC profiles for windows and doors. The acquisition aligns with Laumann’s strategy to expand its geographic and product footprint in the building products industry. In a statement, Laumann emphasized the shared values of sustainability, innovation, and long-term growth between the two firms. “This acquisition will enhance our technical, service, and distribution capabilities, creating synergies that benefit the entire group,” the company noted, adding that both entities will continue to operate independently under their existing brands and management.
Epwin Chair Stephen Harrison commented on the deal:
“In the 11 years since IPO, substantial strategic progress has been made in growing and developing the Epwin Group, which has allowed it to deliver consistently strong performances whilst successfully navigating a range of market and macro-economic challenges. It is a testament to the hard work of the management team and all of our people that Epwin is strategically positioned for future success, with well-managed operations, experienced people, a leading product portfolio and a strong balance sheet. It has been a great pleasure to have had the opportunity to contribute to Epwin’s development over the last few years.
The Acquisition recognises the strengths of the Epwin business, allowing shareholders the opportunity to realise their investments in cash and in full at a higher level than the Epwin Shares have traded in more than eight years, whilst providing Epwin with a stable and supportive new owner, committed to the continuity of the business, strategy and approach. Following careful consideration, as a board we have unanimously concluded that the Acquisition is in the interests of our key stakeholders.”
The transaction is subject to shareholder approval, regulatory clearances—including from UK competition authorities—and court sanction. It is anticipated to complete in the fourth quarter of 2025.
Epwin shares surged following the announcement, reflecting investor confidence in the premium offer. For the double glazing community, this merger signals a vote of confidence in the UK’s fenestration market.
Statement by Laumann Group:
The German-based Laumann Group SE is pleased to announce its public offer under a scheme arrangement to acquire the UK-based Epwin Group plc, a publicly listed and successful business within the construction industry.
This strategic move marks a significant milestone for both organizations and reflects a shared vision for sustainable growth, innovation and long-term value creation.
A strong partnership for the future
The Laumann Group is a leading international provider of construction-related product solutions and IT services, headquartered in Sendenhorst, Westphalia, Germany. The company origins can be traced back over 50 years. The family business is still owned and controlled by descendants of the founder, Heinrich Laumann.
Laumann Group’s expertise encompasses various industry solutions from extruded PVC profiles for windows and doors, to aluminium systems, PVC sheet and façade solutions, high-quality surface technology and IT consulting. With a strong foundation and a forward-looking strategy, the Laumann Group has built a reputation for reliability and long-term partnerships across its industry.
Epwin Group is a public limited company registered in England and Wales and was incorporated on 16 August 2011. The Epwin shares have been admitted to trading on AIM since 24 July 2014.
In 1976, the Epwin Group started as one of the first PVC-U window fabrication businesses in the UK and since then has grown both organically and by acquisition to become a leading manufacturer of energy-efficient and low maintenance building products for the repair, maintenance and improvement, social housing and new build markets in the UK.
The planned acquisition is rooted in a shared belief of both management teams in the compatibility of both companies, because it brings together two highly complementary businesses with aligned values and compatible cultures. Their combined strengths will create a strong foundation for sustainable growth and long-term value creation. The enlarged Group is expected to benefit from increased scale, broader capabilities and greater resilience across markets.
Looking ahead
A strategic priority of Laumann Group is to enhance its geographic and product footprint by expansion into additional segments of the building products industry and further enhancing its technical, service and distribution capabilities. Acquisitions are seen as a key component of this strategy.
The Laumann Group has consistently demonstrated its ability to identify, execute and integrate acquisitions, leveraging synergies and pooling competencies across its global network. Both companies will continue to operate independently under their existing brands and management structures.
In accordance with statutory requirements, you can view the formal detailed announcement on our website www.laumann-group.com. The acquisition is subject to acceptance by the shareholders and regulatory approval.
Read the original article by Laumann Group here: https://www.laumann-group.com/news/laumann-group-plans-acquisition-of-epwin-group-plc-to-drive-strategic-growth.html
Read the full shareholder announcement by Epwin Group here: https://otp.tools.investis.com/clients/uk/epwin_group1/rns/regulatory-story.aspx?cid=910&newsid=1974619
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