Penicuik acquired by Highseal
Future of Scottish fabricator Penicuik Home Improvements has been secured thanks to leading Spectus fabricator Highseal Windows .
Penicuik has been bought by Transform Conservatories, a sister company of Highseal.
"The company will trade under the names of Penicuik Home Improvements and Penicuik Commercial Systems," confirms Neil Donaldson, Managing Director of Highseal, "with new directors Neil Clunie and Craig Scott".
"Both companies will be part of the HWL Group, and this is the first of a series of planned acquisitions".
"As our PVC-U partner, Spectus will play an important role in reversing the company's fortunes, offering the right products and services to ensure Penicuik's future growth and prosperity".
"Spectus frame volumes will also be increased and specialist installation areas (eg curtain walling) will be expanded into the whole of the UK".
Established in 1995, Highseal is now a leading commercial and trade fabricator, supplying commercial and trade customers throughout the UK.
In the last 18 months Highseal has moved to a 60,000ft2 factory with new machinery, investing millions in a major growth strategy including organic and acquisition growth.
Gareth Griffin, Marketing Manager at Spectus Window Systems, continues: "An acquisition of this scale and significance is big news".
"Penicuik is one of the best known and most respected brands in Scotland".
"We believe Highseal is the right company to get Penicuik back on track commercially".
"We're delighted Spectus has an important role in the process.".
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