Modular Group Investments (MGI) has acquired Oakland Glass. MGI purchased the entire share capital of the insulating glass unit (IGU) manufacturer, closing the transaction on 8 February 2023. This is a key strategic addition to the group, which adds significant capacity and capability in insulated double glazed unit production, according to MGI’s representatives.
Oakland Glass was established in 1986 to provide high-quality IGUs to the market. The business is said to combine traditional values and expertise, providing ‘a service that’s first class’, through establishing strong and longstanding relationships with customers, suppliers and employees.
“I am very excited to add Oakland Glass to our group and to have the opportunity to build upon what the team has created,” said Michael Garratt, MGI’s founder. We look forward to a promising future together. MGI plans to acquire more componentry manufacturing business this year, in order to continue to diversify our product portfolio but also to strengthen our customer relationships by offering more products and service.”
Giles Richell, MGI’s group CEO, added: “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 is set to continue her role as managing director of Oakland Glass, and Tina Moorhouse is to stay on as sales director. MGI’s leaders have said that they very much welcome Amanda and her team to the group, and look forward to working with them.