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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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: [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Social Media