Clearview National September 2017 - Issue 190 | Page 6

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Synseal Group completes
refinancing for next stage of growth
» » FOLLOWING THE RECENT
acquisition of Village Glass, the Synseal Group
has now completed a refinancing with the
support of its current investors and funders,
HIG and Proventus, who have provided
substantial further funds to continue their
support for the growth and integration of
the group. The refinancing has resulted in a
significant strengthening of the group’s balance
sheet and ensures that Synseal is positioned to
solidify its market leading positions in PVC-U
profile and conservatory roofs, and to take
advantage of its strategic growth areas of glass,
entrance doors and aluminium window and
door products.
Synseal Group has developed from a
£70m turnover extrusion business prior to
its management buyout in 2010, to a £160m
turnover multi-material supplier to the
fenestration industry, with market-leading
window, door and conservatory systems.
HIG Capital is a leading global private equity
and alternative assets investment form with
more than €20 billion of equity capital under
management. Proventus Capital Partners is
an active credit investor and loan provider to
companies in need of capital for expansion,
acquisition financing, restructurings and
refinancing.
www.synseal.co.uk
Bluesky Certification adds
Fire Door Notified Body status
» » BLUESKY CERTIFICATION, THE FIRE,
security and acoustics certification experts, adds
Notified Body status for product certification
for panic exit doorsets and fire resistant doorsets.
The latest addition means Bluesky can offer CE
Marking certification for products that need the
involvement of a Notified Body.
“The number of bodies certifying these
products is very limited in the UK and we
could see that there was a requirement to
give companies an alternative,” says Bluesky
Certification’s Managing Director Simon Beer.
“There are many occasions when it’s a better
option to use a Notified Body. For example,
a company looking to achieve Secured By
Design for windows and doors is likely to need
the additional service if they’re manufacturing
entrance doorsets in a block of flats that
have a requirement for both PAS 24 and fire
resistance.
“Customers will get the benefits of this new
certification immediately and while CE Marking
isn’t a legal requirement for fire doors now,
6 » SEP 2017 » CL EARVI E W- U K . C O M
third party certification is recommended in the
Building Regulations. CE Marking for fire doors
offers an excellent standard for companies and
when it comes into UK law, they will be ahead of
their competitors.”
“However, CE Marking is a legal requirement
for panic doors which means companies must
have certification from a Notified Body. Without
this, fabricators can’t legally manufacture panic
exit doorsets. We find that often manufacturers
in the SBD scheme also need panic doors, so
it makes sense to offer a complete service from
once certification house.
“We like to think about certification in a
rounded way rather than just a box-ticking
exercise, that’s why we look at how businesses
can gain commercial advantage from it.
“Acceptance from the European Commission
is the last stage in a lengthy process to become a
Notified Body and it’s a brilliant achievement for
Bluesky Certification.”
www.blueskycert.com