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CLAYTON GLASS ACQUIRE ROMAG

Two of the North East’s leading glass and glazing companies today came under the same ownership as today we acquired Romag, one of the UK’s most well recognised and longstanding glass processors, albeit in a completely different arena to Clayton Glass.

Established over 70 years ago, Romag operates in the high security glazing and transport industries, with clients such as Bombardier and Hitachi in the rail sector. Recent years saw the company expand into the Solar PV market, although with that sector being compromised by the end of the feed in tariff and cheaper imports, the renewed focus is in specialism bespoke PV solutions.

Although there are many synergies between the two companies in terms of location, history and core glass manufacturing activities, they specialise in very different areas of the glass industry and hence we will continue to operate each company completely independently so that both can focus entirely on continuing to grow their specialist market share.

Whilst this represents  huge opportunity for the wider group, from a Clayton Glass customer perspective there will be no changes, other than perhaps a faster turnaround, on processing, drilling, painted glass etc, all of which have previously been bought externally but will now be sourced in house.

Our medium term aim at Clayton remains to continue our drive on quality, service, and delivery times all of which have shown large improvements since the move to Harelew, but particularly over the past few weeks.  A renewed focus with the customer service team in terms of response to queries and the flow of information is also underway.

We hope that with this acquisition there will be many synergies for both companies to the benefit of all of our joint customers.

CLAYTON GLASS RECOGNISED BY STOCK EXCHANGE

Another accolade has headed our way this week – and even better as this time it was totally out of the blue. We’ve been recognised as one of the top ‘1000 companies that inspire Britain’, an annual celebration of the fastest growing and most dynamic SMEs.

The award is given to recognise sustained sales growth – the criteria being significant growth over at least a 4 year period and having out performed their industry peers in that time.

Here at Clayton Glass we all know that we’re growing our loyal customer base month on month,  year after year –  we just didn’t know anyone else was watching, especially not the London Stock Exchange !

A huge thanks to all of our customer for your ongoing support.

http://www.lseg.com/resources/1000-companies-inspire-brit

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