Door Industry Journal - Spring 2018

Industry News

Also online at: www.dijonline.co.uk

Novoferm acquires Bolton Gate Services

Novoferm – the European subsidiary of Tokyo-listed Sanwa Shutter Corporation and one of Europe’s largest suppliers of entrance solutions – has acquired 100% of Bolton Gate Services – a leading provider of 24/7 door and shutter maintenance and repair services across the UK. Bolton Gate Services has 15 depots and employs 120 people in the provision of a 24hr service to customers nationwide. Novoferm Group is Europe’s second largest manufacturer and retailer of residential, industrial and garage doors. The legal team was led by TLT corporate partner Alice Gardner and involved technology partner Dan Read, tax legal director Mark Braude, corporate solicitors Luke Thorngate-Davies and Vanessa Aziz and real estate associate Edward Pitt. Jeremy Baker, CEO of Novoferm UK Limited said: “This is an extremely important acquisition as we look to expand our offering across Europe. Bolton Gate Services has a strong reputation and a national client base, with services that will offer customers UK-wide maintenance and repair services. TLT provided us with clear and practical legal advice throughout and ensured that the transaction completed to our timetable.” Alice Gardner, partner at TLT, comments: “We continue to see strong foreign investment into the UK, enabling UK companies to take their growth plans to the next level. The international element of these deals makes it all the more important to make sure you know the dynamics of each market and conduct thorough due diligence before you move forward, and to make sure that both parties are aligned in agreeing the terms of the deal. “Novoferm operates in a growing market and we are delighted to have been involved in giving strategic advice on the transaction.”

Sommer group training will now cover: • RESIDENTIAL OPERATORS – NEW GENERATION. • GATE OPERATORS – SWING AND SLIDING. • INDUSTRIAL DOOR OPERATORS. Classes will be held at both the Sommer Head Office in the beautiful city of York and at a venue in the South of England. Places will be limited for each course, to ensure all attendees, gain the most one to one time with the team of Technicians. To register your interest or to book your place at one of these valued courses, please email enquiries@sommeruk.com or phone 01904 608787.

Sommer UK launches its “Sommer School”

SOMMER UK are proud to announce that they are to increase their training and accreditation classes for 2018. Due to the success and enjoyment expressed by all who took part in 2017 it has been decided that the classes will be extended to cover more products.

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THE door industry journal spring 2018