EAG construction business snapped up by Elaghmore

Tue, 20 Aug 2019 | BUSINESS SALE



English Architectural Glazing Limited (EAG) has been snapped up by private equity fund Elaghmore as the eighth acquisition of its initial PE fund.

Thought to be one of the top construction contracting businesses in the UK, EAG is at the helm of the envelope cladding sector and specialises in the construction of complex and dynamic building facades. Established in 1985, the company currently employs 125 people across its three sites in Norfolk, Suffolk and Staffordshire.

In spite of the acquisition, the company’s existing management team will remain on board to help expand its operational capabilities. This will ensure they capitalise on the growing requirement for aluminium rain screen cladding and off-site unitised cladding manufacturing.

Presently, EAG provides its services to a number of long-standing clients like Stanhope, Kier, BAM and Skanska, and conducts its projects primarily in London and South East England.

Andy Ducker, a partner at Elaghmore, said: “EAG has a first-class reputation and track record, and is known as a high-quality contractor and manufacturer, offering excellent client service. With the operational support we can provide, the business has an exciting future, with a talented workforce that has a wide range of skills, knowledge and experience in design, engineering, manufacturing and fabrication. We look forward to working closely with the EAG team to grow the business.”

Elaghmore’s acquisition is part of its investment strategy to focus on businesses with significant growth and value-creating opportunities.

Managing Director of EAG, Simon Gladwin, commented on the deal, saying: “This is an exciting day for EAG, as we look to build the future and increase our client base. We are excited about working with Elaghmore, whose financial backing and operational expertise will help us to expand the business and capture the growing marketing demand for our products and services.”


Share this article



Latest Businesses for Sale

Roofing Contractors
Lancashire, UK Wide

Good accreditations and member of quality schemes. Situated in the busy town of Rochdale with good road links. Long established and highly reputed business. Great reputation with regular and repeat trade. Offers invited.

Asking Price: £709,950
Turnover: £521,843

FREEHOLD


Mining Company
Zetland, UK Wide

We produce high quality landscape rock and products for large scale municipal projects. Encompassed with a successful commoditization of the rock product to the retail sector . Business includes well established wholesale and retail accounts

Asking Price: £48,000,000
Turnover: £11,500,000

FREEHOLD


Specialist in Floor & Wall Finishes
Yorkshire and the Humber, UK

A specialist in floor and wall finishing capabilities, offering a range of services to its clients, including floor screeding, plastering,rendering and underfloor heating.Established for over 40 years and highly regarded within its community. Serves...

Asking Price: Offers Invited
Turnover: £1,500,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
Jan
 

MBO at Newcastle market research company | MBO/MBI

Newcastle-based market research company Explain Market Resea...

 
20
 
Jan
 

Target Healthcare embarks on acquisition spree | BUSINESS SALE

Target Healthcare has completed the acquisitions of a develo...

 
17
 
Jan
 

Sample book and shade card manufacturer acquired from administration | BUSINESS SALE

The business and assets of Yorkshire-based display products ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources