Wolves First For Fearsome Striker

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A company determined to buy up installation companies to form a fearsome group has struck its first goal. Sustainium has acquired Wolverhampton Glass, a West-Midlands based window, door and conservatory installer.

Sustainium was launched by industry veteran Neal Harper with the aim of acquiring local home improvement companies, building on their established reputation and investing in their future, with particular focus on low-carbon and sustainability.

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 “Wolverhampton Glass has four decades of experience and an excellent reputation locally. We are already investing in new premises, an exciting new showroom and expanding the management team. Our focus now is to build on that reputation to enable Wolverhampton Glass to thrive.”

– Neal Harper 

Managing Director, Sustainium Group

Why sell

Previous owner Steve Newey said of the sale: “It was the right time to sell and dealing with Neal and the Sustainium Group made the whole process straightforward as they were able to move quickly and decisively. With more than 30 years’ experience, they really know the home improvement industry and that means Wolverhampton Glass is in safe hands.”

Why buy

The Sustainium Group acquires businesses that have a good reputation locally with annual turnover between £750,000-£10million and at least three years' trading history. the Group purchases 100% of the shares and the business will continue to operate under its own name. There is always an aim to retain the existing staff, while owners can often be retained on a consultancy basis or even in a key role within the business by agreement.

Picture: Wolverhampton glass has traded for over 30-years and has a strong brand and livery.

www.sustainium.co.uk

Article written by Cathryn Ellis
02nd September 2020

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