‘Double-glazing tycoon’ Kennedy back in the news
Brian Kennedy was back in the headlines this week with reports among financial media of him buying a £37million stake in online retailer THG.
Described variously as a ‘double-glazing tycoon’ and one of the richest...
Historic Norman and Underwood calls in administrator
Nearly 200 years of glazing history has ended with the announcement that Norman and Underwood has been placed into administration.
The Leicester-based family business had been put up for sale last month but with no...
Endurance Doors owner Rocal Group acquired by MBO
Rocal Group, which includes Endurance Doors as well as Rocal Extrusions, Rocal Foiling, Rocal Insulating Panels, Rocal Indoor and Rocal SIPs, has been acquired from previous owners James and Sandra Longley by its existing...
Euramax sold to investment group MGI
Euramax Solutions, the Barnsley-based window fabricator producing 5,000 windows and doors a week for the off-site modular, retrofit and new-build sectors, has been acquired by Modular Group Investments (MGI) from the US-based Omnimax for...
Handout for creditors expected after Kairos fabricator Indigo goes to CVL
Indigo Products Ltd, the £18million fabricator for Brian Kennedy’s defunct Kairos brands including Zenith and Weatherseal, has been taken out of administration into a Creditors’ Voluntary Liquidation.
The decision was made after administrators unexpectedly discovered...
CRL owner Oldcastle will be run as stand-alone with completion of sale
Oldcastle Building Envelope (OBE), the Texas-based owner of C R Laurence, has completed its acquisition by KPS Capital Partners from Dublin-based CRH, along with the announcement that it is to be run as a...
Safestyle settles with £1million cash plus shares for Misra
Safestyle UK says it has now paid £1million cash and a package of four million shares to fulfil its non-compete agreement with Mitu Misra, drawing to a final conclusion the bitter battle between the...
Promac and Panoramic insolvencies confirmed
The fate of two major industry names has now been confirmed with the appointment of administrators for Window Machinery Sales Ltd (Promac) and, separately, the posting of a Statement of Affairs following the liquidation...
Alucraft in administration
Alucraft Systems, the £18.6milion sales architectural glazing fabricator and installer, has been placed into administration.
Documents relating to the company say it: “had been unable to trade profitably for several years, in spite of “considerable...
Yale and Mila come together with Assa Abloy/ Arran Isle acquisition
Assa Abloy, best known in the UK for its Yale and Union brands, has signed a definitive agreement to acquire Arran Isle, owner of Mila and Carlisle Brass.
A statement from Arran Isle says Mila...
