Descent of Everest

Rumours had been rumbling around the industry for a while – and it was virtually written off by one national newspaper just a few weeks ago – but Everest has indeed survived the crisis that saw it post a £9million loss last year, albeit with a very hefty bail out from its backers.

To the consumer, Everest has been a constant in the industry for over half a century, though with nothing like the high profile it enjoyed in the days of its Tan Hill telly ads, and now with its new lease of life it looks as though it will be with us for some time to come, doing its best to answer those in the industry who say the days of the national giants are numbered. Read more

At the same time, however, we hear of one company that is still alive and kicking but has had to shout out to prove it after formal closure of an earlier dormant manifestation set social media buzzing with rumours of its demise. Read more

And of course, we are saddened to report that the planned G20 Awards, one of the high spots in the industry calendar, is the latest victim of the Covid crisis and the event has now been postponed ready to rise again in all its glory next year.
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We hope there is something in this week’s issue for everyone.

Chris Church Editor

Please send all your news stories to news@the-glazine.com

This Week's News

Everest bailed out with £3.2m backing

Everest backer Better Capital has completed a pre-packaged administration deal that sees certain assets of the national installer including the order pipeline of Everest Ltd sold to a newly-created trading company named Everest 2020.

The transaction, financed principally with £3.2million from the BECAP12 Fund LP, is said to protect more than 400 jobs as well as enabling the new company to complete existing window and conservatory orders after installation was restarted this week following the Covid shutdown.

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G20 postponed amid ongoing Covid uncertainty

G-Awards organisers today announced that the planned 2020 event has had to be postponed until next year in the face of continuing pressure from Covid-19 and the ongoing lockdown.

Tony Higgin, founder and organiser, said the scale of a 600-seater event – the biggest of its kind in the industry – along with the complex process of professional independent judging meant that it would be the right choice to put it back in order to return at full scale next year.

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UKWG quashes Duraflex rumours with ‘business as usual’ disclaimer

Duraflex owner UK Window Group Ltd has issued a public disclaimer answering rumours over the winding up of a dormant company by the group’s former owner, the Masco Corporation.

The group, which came into being in its present form last year, wrote to assure customers that the PVC-U extruder is operating as normal despite rumours circulating on social media.

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Vinylplus on target
for 2025

VinylPlus, the Voluntary Commitment to sustainable development of the European PVC industry, says it is well on track to meet its ‘ever more challenging’ 2025 targets after recording recycling 771,313 tonnes of PVC last year - more than 96% of its target for this year.

“Over the last 20 years, VinylPlus has worked tirelessly to tackle the challenges of circularity. We continuously aim to improve our sustainability performance embracing the European Green Deal, the Circular Economy Action Plan and other policy initiatives impacting the plastics sector,” said VinylPlus managing director Brigitte Dero.

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Andrew Glover heads new ali door fabricator

Andrew Glover, former GGF President and co-founder of West Yorkshire Windows, has this week emerged as MD of a newly-established aluminium fabricator UK Doors Online.

The enterprise is based in a new 16,000 sq ft factory in West Yorkshire with capacity to produce over 200 items per week, including, currently under production, Bifold Doors, Lift and Slide Patio Doors, Entrance Doors, French Doors and Commercial Windows.

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