Announced
Completed
Financials
Sources
Tags
United Kingdom
Private Equity
Single Bidder
Building Materials: Other
Private
building materials
Majority
Friendly
Acquisition
Completed
Cross Border
Synopsis
Private equity firm Nimbus completed the acquisition of Customade Group, the UK's largest fabricator of PVCu and aluminium fenestration products. Financial terms were not disclosed. "We are delighted to invest in the Customade Group. The business has a market leading product and customer service proposition but has faced unprecedented challenges in the last six months. Our investment will allow the group to recover and focus on a long-term growth strategy which will include significant investment in the manufacturing capability of the group," Alexander de Haas, Nimbus Investment Manager.
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