GLASS & SEALED UNITS Extra
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Modular Group Investments ( MGI ) completes acquisition of Oakland Glass Ltd
» WE ARE DELIGHTED to announce the acquisition of Oakland Glass Ltd by Modular Group Investments ( MGI ) Ltd . This is a key strategic addition to our Group which adds significant capacity and capability in insulated double glazed unit production . This acquisition provides established routes to market for Oakland Glass through MGI ’ s existing and future channels .
Oakland Glass was established in 1986 , providing high quality IGU ’ s to the market , who have steadily grown into a market leader in its field . They combine their traditional values and expertise to provide ‘ A Service That ’ s First Class ’, and who have established strong long standing relationships with customers , suppliers and employees . MGI purchased the entire share capital of Oakland Glass Ltd . The transaction closed on 8th February 2023 .
Michael Garratt , founder at MGI said : “ I am very excited to add Oakland Glass LTD to our group and to have the opportunity to build upon
Michael Garratt - founder CEO at MGI what the team have created . We look forward to a promising future together ; MGI plan to acquire more componentry manufacturing business this year to continue to diversify our product portfolio but also strengthen our customer relationships by offering more products and service .”
Giles Richell , Group CEO at MGI said : “ This is a great addition to the MGI Group and provides a depth and scale of vertical integration that we believe is unmatched by our competition . This will allow us to supply our multiple construction markets with the best service and most competitive solutions in the industry .”
Amanda Falsey will be continuing in her role as Managing Director and Tina Moorhouse will stay on in her capacity as Oakland Sales Director . We very much welcome Amanda and her team to the MGI group and look forward to working with them and growing the business further with our help and support .
www . oaklandglass . co . uk
Surging demand for energy efficiency highlights the need for solutions like this
» EDGETECH MAY BE BEST known for its internationally recognised warm-edge spacer technology , but the Quanex company is experiencing rapidly rising demand for another cutting-edge product it offers .
TruFit is a state-of-the-art window installation tape . Made of open-cell polyurethane foam and filled with a flame-retardant synthetic resin , it provides a much quicker , cleaner and more thermally efficient alternative to traditional silicone . Once the tape ’ s backing paper is removed , it gradually expands to seal the window fully , ensuring it offers exceptional all-round performance – protecting against mould , and providing first-class thermal and acoustic insulation .
In addition to this , it ’ s much easier to apply than silicone and can be used in all weathers .
Edgetech Head of Marketing Charlotte Hawkes suggests these reasons are behind the growth of interest in TruFit :
“ The biggest factor driving the surge of interest in TruFit is clearly energy efficiency .
“ Installers have always been very impressed with TruFit when they ’ ve seen it but , in the past , they have often chosen to stick with what they know .
“ For many of those installers , the last year has been a tipping point . The huge rises in household energy prices , combined with continuing pressure to help the country reach net zero , has led to a surge in the numbers of customers enquiring about TruFit .
“ It ’ s an incredibly effective tool for helping installers fit windows and offers outstanding thermal performance – in addition to being quicker , cleaner and easier to use than silicone .
“ According to market forecasts we ’ re also heading for a tougher time ahead for the industry , those that do well in times like these innovate to differentiate themselves . We believe that right now TruFit offers a unique opportunity for installers to stand out , before products like these become the norm and we have a full marketing package to support this .”
If you ’ re interested in learning more about TruFit , don ’ t hesitate to contact Edgetech .
www . edgetechig . co . uk
74 MARCH 2023 CLEARVIEW-UK . COM