Clearview National June 2017 - Issue 187 | Page 30

INDUSTRYNEWS Major acquisition » » A LEADING WAKEFIELD manufacturer has announced the acquisition of one of its largest retail customers for an undisclosed sum. The bold move will see Conservatory Outlet and Newcastle-based Pennine Home Improvements, two of the North’s leading home improvement businesses, under the same ownership. Funding to support the deal has been structured by Allied Irish Bank (GB). As one of the top 2% of fabricators in the UK by volume, Conservatory Outlet manufactures high-quality windows, doors and conservatory products from its 60,000 sq ft facility, supplying to a retail network of 24 installation companies that operate across the UK. Conservatory Outlet is managed by Greg Kane CEO and Michael Giscombe, MD. This latest strategic acquisition is set to take the Group’s turnover to £25m – an exceptional five- fold growth achieved in the past seven years. Greg Kane, CEO of the Conservatory Outlet Group explains: “We’re delighted to announce that Pennine Home Improvements and Conservatory Outlet have joined forces, bringing the manufacturing hub of our business closer to the customer than ever before. “Pennine has been part of our network of retailers for just over three years, and has experienced an impressive 30% growth in that time, largely due to its highly committed management team and excellent internal processes. I’m certain our new vertical partnership will facilitate a level of knowledge- sharing never before seen in this market which will further support the growth and development of both businesses.” Well-known and respected in the North East, Pennine Home Improvements will continue to operate as a separate retail business from its existing industry-leading showrooms in Benton, Gosforth Park, Birtley and Ponteland. Graham Auld, the previous owner and Managing Director will exit the business. Mark Tinnion, the former Brand Director will become Managing Director and work alongside his fellow management team which includes Derek McLaren, Sales Director. Left to right: Derek McLaren, Sales Director of Pennine, Graham Auld, Former Owner/ MD of Pennine, Michael Giscombe, MD of Conservatory Outlet Limited and Greg Kane, CEO of Conservatory Outlet Group. The combined ownership of the two businesses will allow further development of the Group’s innovative product offer, processes and service features around the needs of the ultimate end-user. Greg added: “The deal can only be of benefit to our wider network of independent retailers, of whom we’re extremely proud and equally as committed to supporting as ever – if they grow, we grow”. conservatoryoutlet.co.uk, pennineconservatories.com BURGLARY ATTEM PT AVERTED Towards the end of March, TruFrame customer Spire Glass Ltd, e-mailed to say that a combination of TruFrame’s manufacturing quality, combined with choice of hardware partner, Yale, helped avert a burglary. » » THERE WERE NUMEROUS attempts to prise the sashes open on a window combination, at a house located in Salisbury, Wiltshire, but thankfully with no success. It was only when the homeowner concerned, realised what had happened later that week, when they were cleaning the window boards. TruFrame has built an impressive reputation for product quality, with a unique 4-step hand finishing process the pinnacle of their diligent way of manufacturing PVCu window and 30 » JUN 2017 » CL EARVI E W- UK . C O M door frames. Their choice of hardware partner is also crucial and so the choice of Yale as hardware partner has been fully vindicated. The Yale lifetime warranty offered with all TruFrame windows and doors is a major selling point to consumers, especially given the fact that it has a 98% brand recognition with homeowners, a statistic unrivalled in the sector. In this instance, the combination of one of the most highly regarded PVCu frame manufacturers with a global hardware brand, has ensured that the homeowner didn’t suffer a break in, or any consequential loss. Sam Locke, operations manager of Spire Glass commented: “What could have been a potentially disastrous ending to the story, has been thwarted thanks to the quality of the TruFrame window frame and the Yale hardware. The homeowner needs a new window, but doesn’t have to consider the cost of any losses, nor the emotional distress. This is a clear message that product quality and specification has never been so important within the industry.” David Firmager, managing director of TruFrame concluded: “Every 45 seconds in the UK, there is an attempted burglary and every 76 seconds, it’s successful. So, it’s for good reason that we spend so much time on ensuring our frames are manufactured to the most exacting of tolerances and furnished with what we believe is the best hardware specification, backed up with an impressive lifetime warranty.” www.truframe.co.uk, www.spireglass.com