Erdman Creates Online Parts Shop

NorthEdge Capital has completed the sale of DW3 Products Holding (DW3), UK provider of premium door solutions and window systems to Masonite International Corporation (NYSE: DOOR), global designer and manufacturer of interior and exterior doors for the residential new construction, the residential repair, renovation and remodeling and the non-residential building construction markets.

The transaction is NorthEdge’s eighth exit and represents a 3.5x return and an IRR of 59% with a holding period of 40 months for NorthEdge Capital Fund I.

DW3 will expand Masonite’s UK operations and extends the business’ portfolio of product offerings and manufacturing solutions.

Jon Pickering, partner and head of NorthWest at NorthEdge Capital, said: “DW3 has been a pioneer in developing composite doors and window products in recent years as well as leading the industry with its online presence and cloud based ordering platforms. This deal is testament to the talent within the Group, and the success the Company has been able to generate through a targeted, dynamic buy and build approach which has seen the Group make acquisitions and invest heavily in capex, operational platforms, IT infrastructure, and technology.

“This exit represents a strong return on investment for NorthEdge and we are pleased that our support has culminated in investment from a global player in this market.” 

Gareth Mobley, CEO at DW3, said: “It has been a pleasure to work with the team at NorthEdge. The team has consistently invested in people, operations, technology, and innovation and we have been able to offer our customers access to the best products and the best service as a result. We are very much looking forward to the next chapter as we join one of the world’s leading building products businesses. Masonite is a global leader and this is a proud moment for our team.”

Tony Hair, Masonite’s president, Global Residential said: “DW3 fits exceptionally well with Masonite’s existing business in the UK. Their online quick ship capabilities and product portfolio both complement and expand the strategies we are pursuing in this important market.”

Jon Hustler, Partner, Clearwater International commented: “Masonite is a great fit for DW3 and will allow it to venture into wider markets, whilst DW3’s tech-enabled manufacturing will enhance Masonite’s potential for further innovation of its products. The product ranges of both businesses are complementary, as are the business values and ambitious nature of the management teams.”

The post NorthEdge exits DW3 in £70m deal appeared first on Glass & Glazing Products Magazine (GGP).

Image Above: Gareth Mobley, CEO of DW3 Products Group

Masonite International Corporation have completed the acquisition of DW3 Products Group Ltd and its subsidiaries, on January 29^th 2018 for an undisclosed sum.

DW3 Products Group is one of the most exciting businesses in the UK fenestration sector, boasting highly respected door brands including Solidor, Residor and Nicedor, with a manufacturing facility based in Stoke-On-Trent. The well-regarded window division is represented by The Residence Collection and Window Widgets which operate from Gloucester.

Masonite International have a number of business interests in the UK with Door-Stop International, Hickman Industries, Performance Door Set Solutions and Premdor. The introduction of DW3 Products Group fits exceptionally well with Masonite’s vision to be the best provider of building products in the eyes of all stakeholders including customers, employees, shareholders, suppliers and communities.

The existing DW3 Products Group management team are all staying in their current roles and are looking to share operational knowledge and expertise collectively, to create improved and growing UK business interests for Masonite International, who are a public company, traded on the New York Stock Exchange.

Gareth Mobley, CEO of DW3 Products Group commented: ‘The acquisition of DW3 by Masonite International is good news for all. They have a proven track record with companies such as Door-Stop International who have grown strongly post-acquisition and without question, are the perfect fit for the group.

He continued: ‘Little will change across the group whether you are a customer of Solidor, Residor, Nicedor, The Residence Collection and Window Widgets. With the resources of Masonite behind us and opportunities to share knowledge and ideas, it will make for a very strong, stable and successful future.’

For further information please visit www.dw3group.co.uk, e-mail info@dw3group.com or call tel:01782 20694716.

As part of the new Network Development Programme, Solidor have launched a new ‘Showroom of the Month’ initiative that’s designed to reward trade partners who have created an outstanding sales environment for consumers.

This new initiative is open to all Solidor customers and the first of which to receive the coveted award is Bristol-based Caddy Windows, which is a family run business founded in 1984 and Graham and Margaret Caddy. Today their popular showroom features 25 different Solidor combinations in a sleek and polished environment, that’s a perfect example of how best to present premium, solid-core composite doors.

It’s no surprise that the combination of site location near a high footfall retail park and an inspired internal layout, have made Caddy Windows the stand out choice for the first Showroom of the Month award. In the months to come there will be other worthy recipients, both large and small, joining an elite list of winners, who will additionally benefit from a new award icon, which will be added in the ‘Find Local Installers’ section of the Solidor website.

Nick Caddy, sales and marketing manager of Caddy Windows commented: ‘We’re honestly thrilled to be the first company to receive the coveted Showroom of the Month award. We’ve taken great care to build a stunning retail environmental that helps to dispel the myths of the tired double glazing showrooms of the 1990’s and that addresses the needs of the modern day homeowner.’

Gareth Busson, head of sales and marketing at Solidor concluded: ‘The showroom at Caddy Windows is a perfect example of how the modern day retail environment should look. It’s not just the size of retail space, but how you carefully use it as a means to engage with potential composite doors purchasers and we’re looking forward to announcing further worthy winners in the months to come.’

For further information about the benefits of becoming a Solidor partner, call 01782 847300 or e-mail enquiries@solidor.co.uk. You can also find out further information at www.solidor.co.uk and add to their considerable following on Twitter @solidor.

TPG, The Parkside Group Limited is pleased to announce that Richard Reeve, Sales Director will be exclusively looking after one of its major divisions, Axim Architectural Hardware.

Richard has been with TPG for 15 years and is excited to take the leading hardware brand to even greater heights. Richard said, “Axim is one of the most trusted brands in the industry for reliability and quality. Axim celebrated 30 years of business last year and having worked throughout the industry I know that the Axim TC-8800 series of Concealed Transom Closers is well known for its superb long-term performance and as part of TPG, Axim, is backed up by market leading delivery to its European wide distributor and partner network.”

Over the last 30 years Axim has extensively developed its product range to include all the hardware that top quality commercial doors require. Richard commented that “Everyone knows the top performer the Axim TC Series of Concealed Closers, however, I am not sure that everyone is aware of how extensive the Axim product range is. The Axim PR Series Panic Exit range is comprehensive, and the Axim Panic Exit Locking Handle is one of the most high-quality products I have seen which fits across the entire range.”

The Axim branded product range includes Emergency and Panic Exit Devices that are certified to BS EN 179 and BS EN 1125, a range of handles including D-handles, Lever Handles, Pad Handles, Pull Handles and Tube Handles, Floor Springs which can take a door weight of up to 150Kg, Locks including Mortice, Dead Latch, Extension Flush Bolts for security slave doors.

The Axim TC-8800 Series of Concealed Transom Closer will fit most major manufacture’s doors and has 3 different strengths. The TC 9900 is a universal closer which is ideal for repair and maintenance and where closers have failed, the TC9900 offers a fast solution without the need for costly repairs.

Richard continues “Axim is known very well in the aluminium door industry, however the Surface Mounted Door Closer, the Axim FC Series, offers a solution for both aluminium and timber doors, in fact it even comes as standard with fixings to suit both materials. This means that installers and distributors can minimise the closers they carry, and the Axim FC-1000 Series has been tested for Fire Rating to BS 476-22 1987.”

Offering innovative solutions has been at the fore of Axim and launching new products such as the Axim ES-2100 Electric Strike a remote access product that offers installers a reduction in installation and maintenance time. The Axim LK-2100 Reversible Deadlatch offers a non-handed solution which means that installers and distributors can reduce their stock-holding by only stocking one Deadlatch instead of two.

Last year Axim had a face-lift with a new revamped logo, which joined the new website and Technical Literature which offers extensive technical, specification and installation information with speedy navigation to get you to the place you need to be, visit www.axim.co.uk

Axim designs and supplies a comprehensive in-stock range of transom closers, panic exit devices, electric strikes, deadlatches, surface mounted door closers, floor-springs, flush-bolts, letter-plates, locks and handles through a pan-European distributor supply chain. For more information please contact Axim on 0208 685 9685 or email axim@parksidegroup.co.uk.

Smart Architectural Aluminium will be showcasing its new, high quality Designer Door and Orangery Roof systems at this year’s Ecobuild exhibition, with extensive displays of both ranges on the company’s stand.

The new Designer Door range delivers a premium-quality, high-performance and high-security entrance door, which has been developed by Smart to meet the needs of both house and apartment owners and developers.

The comprehensive range features a wide choice of styles and designs, from the contemporary Modern collection, to the Traditional, Cottage and Vintage portfolios, whose designs sit perfectly with more rural properties or the timeless styles of the Victorian, Edwardian and Regency eras.  The design styles are complemented by a wide range of size, glazing and door furniture options, as well as a broad spectrum of colours and finishes from Smart’s extensive colour palettes.

Following a similar design ethos, the new Smart Orangery Roof system is a contemporary, high quality and thermally-efficient solution which has been designed to be fast and straightforward to install. Characterised by slim site lines which maximise the glass area, the system has been developed to deliver all the performance and aesthetic benefits of a modern aluminium solution, with high levels of security assured through its innovative design and high specification materials.

In addition to these brand-new door and roof system launches, Smart is also unveiling a number of additions to its existing ranges at Ecobuild.

The high-performance Ultraline solution now features an 80mm profile window system, delivering outstanding thermal and acoustic performance, to meet even the most demanding performance specifications.

Meanwhile the established Alitherm range sees the addition of the Alitherm 500 flush casement, which provides a French mullion solution for traditional, cottage-style properties, and the Alitherm 800 flush casement, which offers the same design solution, but for contemporary property styles. Completing the Alitherm introductions is a new Alitherm Heritage French door set, standard casement and tilt and turn window option, specifically developed for refurbishment projects, or for new build applications that feature a more traditional, or Art Deco design style.

Elsewhere on display on the Smart stand will be the four-pane Visoglide Plus sliding door, which will feature a new slimline interlock for this high-quality, highly-versatile system, as well as the Visofold 6000 Slide and Fold door, featuring a new reinforced header bar which not only makes it slimmer and more elegant, but also capable of taking the weight of a screen system within which it can be framed.

Finally, among a number of new commercial products on display, will be the new Smart Wall Auto Slide door which incorporates hardware from Dorma. With standard and fire-door options, this new Smart Wall product is the UK’s first auto slide door to have been fully tested to PAS 24, says the company.

Commenting on the new products, Smart’s Managing Director, Eddie Robinson, said: “We are delighted to once again be returning to Ecobuild and to have the opportunity to showcase such a broad range of new products and systems.

“While we are extremely excited to be launching our new Designer Door and Orangery Roof Systems, we believe the additions we are making to our established ranges will be equally valuable, providing yet more options to architects, developers and contractors.

“As always, we’re looking forward to welcoming visitors to our stand and having the chance to talk through each of the new systems in much more detail.”

For more details on any of Smart’s new or existing systems, visit the company’s stand at Ecobuild (stand number B20), go to www.smartsystems.co.uk or call 01934 876 100.

Picture above: Stefan Seidel, Managing Director, profine UK

profine UK and its KÖMMERLING brand have reported an increase in profile sales for 2017 based on audited figures, against a backdrop of market contraction. This has resulted in the continued trend of increasing market share in the UK for the German systems giant.

It has been another hugely successful year for the KÖMMERLING brand in the UK, with trade partners and installers eager to benefit from the impressive product engineering of the C70 and O70 Gold^â systems, along with the patented PremiLine Pro patio door and large span lift and slide PremiDoor offering.

In quarter 2, 2018, the company will be unveiling System 76 in the flush, casement and fully reversible formats, making it the most technically advanced PVCu window and door system designed for the UK market, boasting hybrid options, along with proEnergyTec profiles for Passivhaus and other technologies. There will be products from this system previewed at Fensterbau, which will be held in Nuremburg, Germany from from March 21st-24^th and the profine Group will be the largest exhibitor at the show.

Stefan Seidel, managing director of profine UK and the KÖMMERLING brand commented: ‘2017 was again an exceptional year for us returning growth in profile sales based on audited figures, despite what was widely accepted as a difficult year for the industry. In 2018, System 76 will help re-define the market in terms of product performance and it’s something that’s already eagerly anticipated from within out network and from other fabricators.’

For KÖMMERLING information, including the new System 76, on becoming a manufacturing partner, approved installer or as a building specifier, call 01543 444900, e-mail enquiries@profine-group.com or visit www.kommerling.co.uk. You can also follow them on Twitter @kommerling_uk.

They’ve long been known as the industry’s foremost purveyors of the quintessentially English sash window, but 2018 will mark the first time Buckinghamshire-based Roseview have taken their award-winning offerings to Europe.

In March, the fast-growing firm will make its debut appearance at Fensterbau, one of the world’s biggest glass and glazing trade shows, in Nuremberg, Germany. Joining some of the biggest names in British fenestration, Roseview will exhibit as part of the UK Pavilion, hosted and organised by the Glass and Glazing Federation (GGF).

While the company will showcase a range of products from its much-celebrated Rose Collection of uPVC sash windows, it’s likely that its flagship Ultimate Rose will prove to be the biggest draw.

First introduced in 2013, its slim timber-like profiles, meeting rail, and period features as painstakingly detailed as full mechanical joints, run-through-sash horns and traditional sash furniture immediately marked it out as special.

Now the product has been upgraded with both a slimmer rail, just 35mm overall, and Secured by Design accreditation.

Sales Director Richard Burrells comments: “Many UK manufacturing businesses now see Europe as a problem, not as an opportunity. But while Brexit will undoubtedly bring challenges, we still see the continent as a largely untapped and potentially very lucrative market for distinctively British, high-end glass and glazing products. That’s why we’ve chosen 2018 to make our debut at Fensterbau.

“We’re hugely looking forward to heading over to Germany in March – and meeting old friends and new contacts from across the industry.”

For more information visit www.roseview.co.uk or call 01234 712657