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 an undisclosed sum.

Michael Garratt, the founder and CEO of MGI said: “We invest in a range of sub-sectors across the MMC markets including component manufacturing and supply chain operators. MGI’s involvement with Euramax will allow it to expand and develop the product portfolio to better serve our customer needs.”

Chris Butters, MGI Chairman added: “As a British company we are strategically focused on UK construction markets and specifically on the changing needs required by the expansion of the MMC sector. We look forward to working with our various stakeholders and our new colleagues in the large Barnsley facility.”

Nick Cowley, Managing Director of Euramax said: “Together with MGI, we look forward to continuing our growth plans, developing new products and building strong partnerships with our customers.”

Euramax operates from a 205,000sq ft manufacturing facility employing more than 160 employees,  fabricating 3,500 windows and 1,500 doors a week for industry sectors including the off-site and modular construction, DIY and home improvement, new build and holiday home and leisure markets.

The buyers confirm that the existing Euramax team will continue unchanged.

The acquisition was supported by Hempsons providing legal advice, financing guidance by TML Finance and Advisory, Arc Pensions Law for specialist legal pensions advice and TC Group for tax and accounting advice.

https://www.mginvestment.co.uk/
https://www.euramaxuk.com/

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