MBO at Sliders
9th May 2017

Sliders UK has announced a management buyout that will see changes to the senior management team including the departure of co-founder Mike Spain.

Alex Murphy, previously Operations Director, now steps up to a new role as Chief Executive Officer. Ian Longbottom and Steve Mines remain as Chairman and Sales Director respectively and are joined alongside Murphy in the new senior team by Jonathan Foxcroft as Finance Director. Richard Harris and Russell Pryor also join the business as retained consultants.

Ian Longbottom said: “We have ambitions for significant long term growth and are already 18-months along the road towards it. This includes not only the creation of our new management structure as announced today but also the major investment which has already been delivered in our manufacturing capability.

“With increased capacity, even better quality and service and with some very exciting product developments on the horizon, we believe that the market offers considerable opportunity for sustained growth– our own but most importantly, that of our customers.”

Sliders UK reported year-on-year sales up 16% year on year at the end of 2016. It said this had been underpinned by new products, including the Ultimate Evolution and its new Duraflex bi-folding doors, as well as growth in composite door sales.

The manufacturer’s investment in its new line means that Sliders UK can offer composite doors in five days or under.

Steve Mines added: “The restructure of our composite door line early has given us faster turnaround and an increasingly competitive offer. This has come at a time of not only growth in the composite door market but when service in the sector has in general, dropped off.”

Longbottom continued: “We believe that the range, the service levels and the quality that we’re able to offer from a single specialist supplier, delivers a real advantage and that that and the team and strategy which we now have in place, represent a strong foundation for our future growth and that of our customers.

sales@sliders-uk.com