Stevenswood continues national growth strategy and acquires Sameday Trade Frames

Stevenswood continues national growth strategy and acquires Sameday Trade Frames
Photo source
Stevenswood is pleased to announce the successful acquisition of Sameday Holdings Limited (Sameday), continuing its goal to become the leading trade counter distributor in the UK.

Established in 2006, Sameday operates a network of seven branches in the west of England, from Bristol to Reading, distributing windows, doors and conservatory roofs to the installer market. Headquarted in Cheltenham, the company employs 20 people.

Sameday’s trade counters are highly geographically complementary; they provide Stevenswood with the perfect opportunity for further expansion and to strengthen its presence in the West.

The new combined group will continue to be headquarted in Livingston and will have over 37 branches across the UK, generating revenues of over £45m and employing over 180 people.

Sameday’s Managing Director, Mike Woodend, will join the Stevenswood senior management team to contribute the combined company’s growth strategy, which includes plans to open several new branches later this year.

John Declerck, Group Chief Executive of Stevenswood said, “Our goal is to increase our network of trade centres over the next five years, to become the leading trade counter distributor in the UK. We aim to achieve this through a mix of acquisition, new sites and organic growth. Sameday Trade Frames completes a gap in our offering and takes us one step closer to achieving this, while providing the widest product range and highest levels of customer service in the industry.”

Justin Matravers, founder of Sameday added, “The coming together of Sameday and Stevenswood is the logical progression for the strong business that Mike and I have developed over many years. The alignment of our goals, values and vision, offers significant benefits for both organisations. I am confident that Sameday is in good hands and wish the enlarged group every success going forward.”

Stevenswood and Cairngorm Capital were advised on this transaction by PwC (financial and tax) and Bond Dickinson (legal). Sameday was advised by Napthens (legal). Clydesdale and Yorkshire Bank Group provided working capital facilities to support the combined group.

600450 Stevenswood continues national growth strategy and acquires Sameday Trade Frames

See more news about:

Others also read

PatioMaster stalwart opens new East Midlands franchise
PatioMaster East Midlands has recently opened its doors and is run by former Epwin Group employee, Neil Dattani.
Roto and VBH: A solution based on partnership
Roto strengthens current position / Acquisition of VBH Mexico / Professional infrastructure / Purchase increases performance and customer satisfaction / In mutual interest / All employees also acquired.
Focus on quality and service, as Emplas celebrates 40th anniversary in style
Emplas has set out its plans for growth and continuing investment as part of a special celebration to mark its 40th year in business.
Thermoseal Group is an International Fast Track 200 business!
As published in the ninth annual Sunday Times HSBC International Track 200 league table, Thermoseal Group has been ranked no.41 in the league of businesses with fastest-growing international sales.
Introducing the GT6700 Window System
Graham is excited to introduce a newly designed casement, projected and fixed configuration window system.
AMETEK Land to Present Next-Generation Thermal Imaging Solution at European Society of Glass Conference 2018
AMETEK Land will showcase its award-winning, real-time, in-furnace thermal imaging Near Infrared Borescope (NIR-B) Glass at the European Society of Glass (ESG) Conference, July 8-13, at Le Grand Large Convention Centre, in Saint-Malo, France.

From industry


Thermoseal Group Ltd.
Thermoseal Group Ltd.
Thermoseal Group Ltd.
Wrightstyle Ltd.

Add new comment