Eurocell has announced this morning that they have acquired Vista Panels from CorpAcq Ltd. Here is their full press release: Eurocell – the UK’s leading manufacturer, distributor and recycler of window, door, conservatory and roofline products – has announced the acquisition of Vista Panels from CorpAcq Ltd. Vista is a major manufacturer of composite and [...]
Big acquisition news to start the year off as Elumatec is sold to Cifin, the holding company of the Emmegi Group. Elumatec released a statement on their website, and it goes as follows: 01/14/2016 elumatec joins Emmegi in Cifin's industry sector portfolio Combined elumatec/Emmegi sales total around 225 million euros Mühlacker location will remain in [...]
Some positive news on the jobs front just before Christmas as Bowater Doors has been sold to Birtley Group Ltd for an undisclosed sum. Here is the official press release: "A new era for Bowater Doors" The VEKA UK Group is pleased to announce that the sale of Bowater Doors to Birtley Group Ltd has [...]
Another week another industry buyout, this time involving Synseal. One the of UK's largest system companies has acquired LB Plastics and Manse Masterdor, part of a company called the Litchfield Group. This was the statement they put out on their website: Synseal has acquired the trade and operating assets of the Litchfield Group’s UK [...]
Some interesting news came through on Sunday which many might have missed and this came via the www.thisismoney.co.uk website and concerned national home improvements group Anglian. Apparently, Angian Home Improvements have appointed a private equity specialist to it's board. Not that interesting you say? Well, as TIM reports in it's piece (which you can read [...]
Despite the positive sounds being chimed by the industry at the moment, times will still remain tough in some parts as is currently being demonstrated in Pembrokeshire, Wales as the fate of Cambrian Windows is in the balance. The owners of the company have started a 90 day consultation period in which they will seek [...]
Today is a sad day for many thousands of people and for the high streets and retail parks of this country. The on going process of trying to sell electrical retailer Comet failed finally today, securing it's place on the every growing list of high street companies that have fallen victim to the tough economic [...]
One of the UK's oldest glazing companies has fallen victim to the sharp decline in the UK construction sector. Rankins, based in East London and in business since way back in 1880, have called in administrators Leonard Curtis Business Solutions Group. A statement on the www.creditman.biz website had this to say on November 7th: Alex Cadwallader and Andrew [...]
Today we had the news that one of the biggest companies on our high streets and retail parks is about to disappear for good altogether. Comet confirmed that they will be formally appointing administrators next week. Deloitte, the company that will be appointed as administrators, are hoping that the business can be sold as a [...]
The ongoing story of the administration of Uniglaze 2 in Norfolk has taken a sad turn today. The BBC website is reporting that Uniglaze is to close it's factory in Costessey with the loss of 137. This is on top of the 88 that were lost when the company was placed in administration by KPMG. [...]
The tough times keep on coming for the double glazing industry. This time Norfolk is the recipient of the bad news. Uniglaze, based in Norwich in East Anglia has been forced to call in the administrators after struggling to keep the business going after a big restructuring in 2011. Uniglaze has a turnover of over [...]
The online double glazing community on Twitter was awash with rumours and speculation a couple of weeks ago that Door Panels Ltd was on the verge of going over board. And indeed it turned out to be true. And it also turned out that for once, I had nothing to do with those rumours this [...]
1st October 2012 is another sad day to mark down in the calendar of the stricken high street. It was announced on this day (yesterday) that a last attempt to save the high street chain, once worth a quite impressive £1billion, had fallen through and that only 20 stores were to be saved. It has [...]
I noticed this Tweet today:@Frametrade1 Group Home Safe acquire Fab & Fix#handles Surely big news in the hardware section of our industry? I would like to know how much Fab & Fix was bought for. Why Fab & Fix were bought in the first place because to be honest this wasn't news I was expecting [...]
I got sent this today: If you can't read the text, you should be able to click on the image to enlarge it. Anyway, the point that was made to me in the accompanying email was that a) it surely isn't fair that companies should still be able to get away with not paying their [...]
Over the weekend I was informed of some good news, that Avocet have been bought and avoid going out of business altogether. The company which has bought the business appears to be Atlantic Group, which owns the hardware company Eliza Tinsley. There were earlier whispers that large systems companies, like Synseal would be interested in [...]
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