CRL owner CRH looking to sell Oldcastle in US?
Speculation is growing over reports that Dublin-based CRH, owner of architectural systems and glazing products supplier C R Laurence (CRL), is planning to sell its $300million sales Oldcastle Building Envelope operation in the US.
Bloomberg...
Everest left £15.8million deficit with nothing for unsecured creditors
Everest 2020 left a deficit of £15.8million to unsecured creditors and no prospect of paying them when the retail giant collapsed earlier this year, administration documents have shown.
It was also revealed that the company...
Shareholders confirm Quanex/ Tyman acquisition
Quanex, owner of Edgetech and Liniar in the UK, have announced that its proposed acquisition of Tyman plc, owner of Era, Zoo Hardware and Access 360, has now gained the approval of both companies’...
GGF acquisition hails return of Palmer Reports
Palmer Market Research with its influential Palmer Reports is to make a return after five years’ absence following the acquisition of the brand and other assets by the Glass & Glazing Federation.
The reports ceased...
Praise for new Infrastructure Bank’s focus on retrofit
Industry leaders have backed the Chancellor in highlighting ‘a clear focus on retrofit’ for the recently established UK Infrastructure bank, saying the government recognises the value of retrofit in cutting the carbon emissions of...
Administrators called in at Speedclad
Speedclad, the £19m-sales façade, glazing and curtain wall contractor, has gone into administration – along with a warning from administrators that other similar companies may also be vulnerable.
The company had faced many of the...
Manufacturer joins top businesses at Awards launch
Shelforce joined some of the Midland’s top innovators and business leaders at the first Midlands King’s Awards Network (MKAN) event to drive economic growth.
As a recipient of The King's Award for Enterprise in Promoting...
New bid to license all builders goes to MPs this week
Another bid to curtail cowboy window installers and other dodgy builders – and compensate their homeowner victims – is being put before parliament this week with a Bill to introduce obligatory licensing of all...
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...
MGI grows further with Barton acquisition
Modular Group Investments has made a further inroad into fenestration with the purchase of the entire share capital of Barton Windows, a 35-year-old Lincolnshire-based aluminium fabricator.
The move follows its acquisitions earlier this year of...
