DGB Business
Safestyle Issues Statement In Response To Media Speculation
A week after the last statement from Safestyle UK, in which they alerted markets and the wider sector that they were seeking an injection of cash from a third party investor, they have released [...]
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. It is as follows: Whilst [...]
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 with their providers. This is [...]
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 UK Windows and Doors Group [...]
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 used by some companies in [...]
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 prices tumbling to all-time-lows and [...]
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 more than 96% of the [...]
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 losses, their share price has [...]
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 around €20 million in 2022 [...]
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 sales of around €20 million [...]
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 fragility in the marketplace right [...]
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 for an undisclosed sum. Norscot [...]
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