In major industry news, the UK’s largest residential installers of windows and doors, Safestyle UK, have chosen Liniar as their new supplier. Here is the statement they have just issued:
Change of PVCu profile supplier
Safestyle UK plc (AIM: SFE), the leading UK-focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market announces that, following an extensive selection process and careful deliberations by the Board, it has served notice to its existing PVCu profile supplier.
The Group will now be executing its transition plan to a new supplier, Liniar Limited, a subsidiary of Quanex Building Products Corporation. The Board expects this change to proceed smoothly in the coming months.
Mike Gallacher, CEO, said:
“Following a rigorous selection process over the last 18 months, I am delighted with our choice of Liniar as our new long-term growth partner.”
For Liniar, this is a major win which will boost their revenues and margins significantly. For the outgoing supplier, this is going to hurt.
Read the original statement here: https://otp.investis.com/clients/uk/safestyle/rns/regulatory-story.aspx?newsid=1636084&cid=656
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