Sevenday Windows Issues Statement
Appearing to confirm what has been reported on the BBC and other outlets, Sevenday Windows have taken to Linkedin to make a statement on the status of the business. [...]
Safestyle Seeks New Investment In Bid To Inject Cash
In another brand new trading update posted this morning, Safestyle UK have stated that they are in talks to find new third party investors and renegotiating their credit facility [...]
Official Statement From VEKA Plc On UKWDG
This is an official statement from VEKA Plc on the administration of the UK Windows And Doors Group: Last week, we were made aware that the current owners/backers of [...]
Logistics Firm Knights Of Old In Administration
Kettering-based logistic firm Knights Of Old Limited has been placed into administration, with the loss of 730 jobs. To the world of fenestration this matters as the company was [...]
Safestyle Posts Major Loss In New Trading Update
Interim results for H1 of 2023 show that Safestyle UK suffered a £6.7m loss. This was news that was signposted in a statement 8 days prior, which sent share [...]
Safestyle Trading Update Sends Shares Plunging
A new trading update published by Safestyle UK this morning has sent their share price tumbling further. This comes after a prolonged period of decline, which has now seen [...]
Safestyle UK Share Price Craters
Safestyle UK appear to be in a rather sticky spot of bother. Ever since their latest trading update, which delivered a significant downgrade on expectations and notification of job [...]
Saint-Gobain Divests Its Glass Processing Business In Slovakia
Saint-Gobain has today completed the sale of its glass processing business Glassolutions in Slovakia, to “Glasora a.s.”. The Business, with its industrial plant located in Nitra-Chrenovà, generated sales of [...]
Saint-Gobain Divests Its Glass Processing Business In Portugal
Press release from Saint-Gobain Saint-Gobain has signed a binding agreement for the sale of COVIPOR, its glass processing business in Portugal, to PNI Portugal & Permanente SA. COVIPOR generated [...]
Spate Of Bankruptcies Shows Industry Fragility
If you keep up with such things, you will know that there has been a run of bankruptcies within the fenestration and wider construction sector which has underlined the [...]
Norscot Joinery Acquired By 1st FSD Group
In what is the first acquisition of the newly formed 1st FSD Group, it has been announced that they have taken over long-established window, door, and joinery business Norscot [...]
Merchant Value Sales Fall -9.0% In April As Volumes Drop -20.2%
The latest Builders Merchant Building Index (BMBI) report shows builders’ merchants’ value sales down by -9.0% in April compared to the same month in 2022. Volume fell -20.2% with [...]
Growing Partnership For UK Windows And Doors Group And VEKA Plc
In a follow up from last week's news surrounding the discontinuation of Duraflex, DGB has seen the following communication: UK Windows and Doors Group (UKWDG) and VEKA plc are [...]
A Statment On Duraflex From UK Windows And Doors Group
DGB has been provided with the following statement regarding the future of Duraflex extrusions in Tewkesbury, Gloucestershire. UK Windows and Doors Group - Duraflex Tewkesbury UK Windows and Doors [...]
Tuffnells Falls Into Administration, Threatening Delivery Disruption To UK Fenestration
Sheffield-based Tuffnell, whose brand "The Big Green Parcel Machine" will be familiar to many, has called into administration today. Sadly, thousands have already been made redundant, with only 128 [...]
Safestyle UK Issue AGM Trading Update
Alan Lovell, Chairman of Safestyle UK plc, the leading UK-focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market, will make the following statement at [...]
The Fenestration Sector Could Be Set For Consolidation
There is no doubt that trading conditions during 2023 are not what they were during the last few years. After being buffeted by intense levels of demand during the [...]
A Chance To Push For VAT Relief On New Windows And Doors
The fenestration sector finally has a chance to communicate with the Government on one of the most pressing issues we have argued for years: VAT relief. Following on from [...]
Majestic Group Ready For Growth After Acquisition By RDCP
London-based investment firm RDCP Group has made a major investment and acquired 98% of Somerset-based window, door, and conservatory manufacturer Majestic Group. After a record year, celebrating circa £8m in [...]
How Bad Is This Downturn?
In true industry style, the picture of the true state of the market is deliberately murky. If you were to read just the PR, you'd think we'd barely changed [...]
Edison Group Acquires Tyne And Wear-Based Crown Architectural Systems
The latest move represents a major foray into the English market and adds significantly to the fast-growing Edison group skills portfolio. Edison Group, the fast-growing Ayrshire-headquartered construction, property and [...]
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