Management buyout at Mildands window company20 November 2017
Joinery industry figure Roy Wakeman has led a buy-in management buyout deal of the New Window Company, a supplier and installer of contemporary and period windows and doors.
The business operates from historic offices and large showroom facilities in Caythorpe, Lincs, offering both timber and PVCu products.
Mr Wakeman is non-executive chairman of Performance Timber Products Group and has been president of the British Woodworking Federation three times.
The New Window Company was formed in 1995 by Darren and Tracey Elmes, and is a leading provider of windows and doors in the East Midlands.
“Both Tracey and I have enjoyed building the business over the past 21 years and are really pleased to see it transfer to Roy and his team,” said Mr Elmes.
Mr Wakeman said: “I am delighted to be able to help this great business continue its remarkable growth and look forward to working with all the staff who have helped the company gain such a renowned reputation.”