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 fabricators Rapid PVCU and Euramax https://www.the-glazine.com/?p=2792 as well as complementing MGI’s existing aluminium product portfolio of Euralite branded cladding and decking launched last month.
MGI founder/CEO Michael Garratt, pictured, said: “I am pleased to add Barton to our group and look forward to future acquisitions that can add huge strategic value. This opportunity significantly increases our aluminium product portfolio which will better serve our customer needs.”
Chair Chris Butters added: “Barton represents a timely acquisition and is highly accretive to earnings due to the organic growth opportunities that are available between our subsidiary operations, once integrated these will represent a strong product portfolio for customers and a broader-base for our colleagues to work within. This is a logical deal that integrates businesses with good legacy characteristics and a proactive approach to customer expectations.”
MGI is focused largely on the offsite construction and modular manufacturing while also serving the traditional construction sectors.
https://www.mginvestment.co.uk/
