business

Modular Group Investments (MGI) Completes Acquisition Of Oakland Glass Ltd

Modular Group Investments Ltd (MGI) is delighted to announce the acquisition of Oakland Glass Ltd. This is a key strategic addition to the Group, which adds significant capacity and capability in insulated double-glazed unit production, and provides established routes to market for Oakland Glass through MGI’s existing and future channels. Oakland Glass was established [...]

By |2023-02-17T10:59:08+00:00February 17th, 2023|Categories: business, double glazing industry|

Safestyle UK Announce Year-End Trading Update

Earnings season in the fenestration sector continues, with some of the largest publicly traded companies in the industry continuing to report on 2022 performance. Today it is the turn of Safestyle UK. Although they report a solid year, there are hints in the statement below that there are more challenging times ahead for the [...]

By |2023-02-02T11:12:41+00:00February 2nd, 2023|Categories: business, double glazing industry|

Eurocell Reports 12% Jump In 2022 Trading Update

As earnings season begins, Eurocell has reported a 12% jump in sales for 2022 compared to 2021. This is the statement in full that they provided to the markets: Eurocell plc, the market-leading, vertically integrated UK manufacturer, recycler and distributor of innovative window, door and roofline PVC products, provides the following update the for [...]

By |2023-01-27T15:12:49+00:00January 27th, 2023|Categories: business, double glazing industry|

Open Letter: Guy Hubble, Joint Managing Director At RegaLead Ltd

Dear Jason, I read your recent article regarding global freight prices with interest last week, and whilst I would not normally respond to an opinion piece of this kind, I do believe that this deserves a warranted answer from the perspective of a components manufacturer at the top end of the supply chain. As [...]

By |2023-01-11T15:09:22+00:00January 11th, 2023|Categories: business, double glazing industry|

Saint-Gobain Divests Its Distribution Business In The UK

Saint-Gobain has announced that they have signed a binding agreement which will see them sell builders merchants Jewson to the Stark Group. This is a statement published by Saint-Gobain in mid-December: Following a competitive sale process, Saint-Gobain has signed a binding agreement for the sale of all its merchanting brands in the United Kingdom [...]

By |2023-01-09T16:18:34+00:00January 9th, 2023|Categories: business, double glazing industry|

Fineline Aluminium Fall Into Administration

The tougher economic environment appears to be beginning to bite as documents on Companies House show that Fineline Aluminium, part of the original Customade Group, has fallen into administration. See Companies House documents here: https://find-and-update.company-information.service.gov.uk/company/12672039 Since the collapse of the original Customade Group at the start of the pandemic, it appears that there has [...]

By |2022-12-22T00:31:11+00:00December 22nd, 2022|Categories: aluminium, business, double glazing industry|

Window Ware Announces Management Buyout

In a statement published today via its social channels and website, Window Ware has announced that it is under new ownership via a management buyout. Here is the statement that Window Ware provided: Having been owned by Arran Isle Group (formerly Heywood Williams Group) for more than 20 years and then more recently by [...]

By |2022-11-17T14:07:19+00:00November 17th, 2022|Categories: business, double glazing industry|

Glass Prices May Continue To Rise In 2023

Some scary predictions today on Halloween. In a recent Linkedin post, Ryan Green, MD of Clayton Glass, explained the situation with float glass production both in the UK and Europe. Spoilers, the outlook doesn't look great: Glass prices up on pressures Think about what is being predicted in that post. We know a [...]

By |2022-10-31T00:03:22+00:00October 31st, 2022|Categories: business, double glazing industry, Glass|

Expect A Rise In Fenestration Companies Going Bust

We’re about to go through a hell of a hangover from the last two years. With unbridled success in 2020 and 2021, juiced thanks to Government-funded stimuli such as furlough and grants for businesses, we will not be able to escape the after-effects. The war in Ukraine has certainly not helped global economics, putting [...]

By |2022-09-13T23:39:58+01:00September 13th, 2022|Categories: business, double glazing industry, economy|

Epwin Group Acquires Poly-Pure Ltd

In the latest move within the PVC recycling space to indicate that there is a serious race on now for dominance in the UK in this market, Epwin Group has announced that they have acquired Poly-Pure Ltd in a £15m deal. Here is the statement that they have provided to the markets this morning: [...]

By |2022-09-12T13:46:54+01:00September 12th, 2022|Categories: business, double glazing industry|

Glass Could Be About To Get Even More Expensive

Just as other parts of the fenestration supply chain begin to bed in some stability, we are still seeing volatile conditions in the glass part of our market, with multiple warnings that the cost of glass is going to rise further in the coming months. Inflation looks like it’s here to stay for a [...]

By |2022-09-07T22:28:39+01:00September 7th, 2022|Categories: business, double glazing industry, Glass|

Open Letter: Roy Frost, MD Listers, Reaction To The Raising Of The Energy Price Cap

OPEN LETTER: On Friday [26/8/22] we learnt that we were all going to be a little less well off. Ofgem confirmed that the raising of the energy price cap will push average household energy bills to £3,549. To put that into context that’s around an 80% increase on what we were paying in April [...]

By |2022-08-26T16:38:30+01:00August 26th, 2022|Categories: business, double glazing industry, economy|

Inflation Breaks Double-Digits And Hits 10.1%

In more grim news for the UK economy, data out of the ONS today showed that inflation in July reached 10.1%, once again exceeding forecasts. A couple of weeks ago the Bank of England published some dire forecasts for the UK economy, but even those may now look underdone on the back of the [...]

By |2022-08-18T00:11:53+01:00August 18th, 2022|Categories: business, double glazing industry, economy|

Sentry Doors Acquires E & S W Knowles

Press release: Sentry Doors Limited (Sentry) is pleased to announce its acquisition of E. & S. W. Knowles & Company Limited (Knowles), accelerating its growth and creating the UK’s leader in timber fire safety and security doorsets. Established in 1923, E. & S. W. Knowles manufactures specialist timber internal doorsets with fire-rated, acoustic and [...]

By |2022-08-10T22:06:54+01:00August 10th, 2022|Categories: business, double glazing industry|

Like It Or Not, You’re Going To Have To Pass On Those Price Increases

Although not as constant as last year, the raw material prices continue to edge up. The latest being glass prices. PVC resin prices appear to have become more stable of late and the cost of aluminium has fallen from record highs following Russia’s invasion of Ukraine. Raw material prices plateauing is one thing, the [...]

By |2022-08-02T21:54:39+01:00August 2nd, 2022|Categories: business, double glazing industry, economy|

Fabricators Call For An Alternative Approach To Pushing Price Rises Down The Home Improvement Supply Chain

Six leading fabricators of products in the home improvement sector have called for a halt to the ongoing practice of pushing price rises at the top down the supply chain. Central Window Systems, Conservatory Outlet, Listers, Roseview, Prefix Systems and SolarFrame have joined forces to urge firms in the sector to work together to [...]

By |2022-07-22T13:46:49+01:00July 22nd, 2022|Categories: business, double glazing industry, economy|
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