County Durham based Clayton Glass has acquired specialist glass manufacturer, Romag, for an undisclosed sum.
While the new deal brings together two of the North East’s leading glass and glazing businesses under the same ownership, they will continue to operate as separate entities with their respective management teams operating ‘in completely distinct parts of the glass industry’.
Romag produces specialist glass products and security glazing laminates, serving the building integrated PV, security, architectural and transport sectors. The company has annual sales of around £15 million and employs 150 people.
Clayton Glass Group manufactures insulated glass units for the domestic sector and specialist glass for conservatories and is based in North Stanley, with further manufacturing sites in South Shields and an investment in Northern Express Glass based in Fleetwood. This equates to a turnover of £27 million, employing 250 people.
Combined, the new group will have a turnover in excess of £40 million, with more than 400 employees, reportedly making it one of the largest independent glass companies in the UK.
Ryan Green, managing director of Clayton Glass, commented: “The strategic acquisition of Romag is a great fit for Clayton, given the geographical location and glass sector in general. In time we hope to be able to co-work on projects, but for the immediate future our focus remains on building both businesses on the back of excellent product quality, innovation and exemplary levels of customer service.”
For further information on Clayton Glass, visit www.morethanjustglass.co.uk
For information on Romag visit www.romag.co.uk
