Date: 12 September 2018
Officially trading from 1st August 2018, FGS will retain the full activities, assets and employees of the Glassolutions Installations business, now operating as an independent contracting, commercial glazing and insurance services business.
Whilst FGS takes on the assets, activities and employees of an established business, there will be a transition period whilst it implements IT and system infrastructure to replace shared group services currently supplied by Saint-Gobain.
The Rotherham-based business, which was formerly part of Glassolutions UK, has retained its existing team which has developed long-lasting, strategic relationships with some of the largest and most reputable companies in the country for more than 25 years. It will continue to operate throughout the UK, partnering with main contractors, leading insurers, facilities managers and property owners to provide a complete ‘glazing’ building life cycle solution.
Henning Walf, Managing Director of CoBe Capital Advisors and acting Managing Director of FGS says: “This is such an exciting opportunity for us. It will put the business in a strong position for growth and give us even greater focus, enabling reactivity offered by independent ownership. We will continue to trade as normal – all existing trading relationships will continue with the new entity.
With our experienced and highly skilled team in place and a proven business model, our expectations are to hold and grow our rank amongst the leaders in our respective markets by continuing to build long lasting relationships with customers through the delivery of exceptional service levels.”