Wales: Serial Investor Buys Established Glass Business

Treforest Glass has been bought by serial entrepreneur Peter Zehetmayr in a six-figure deal. The 22-year-old business caught the eye of Mr Zehetmayr, who has previously invested in care homes, a digital camera maker and signage specialists.

The company, on the Upper Boat Industrial Estate near Pontypridd, supplies glass products across a commercial and domestic customer base.

It employs 29 people and has a turnover of more than £1.5m.

Founders Mike and Marilyn Alderman have now retired. They consulted specialist advisers HW Corporate Finance about selling their business.

Read the entire news on the source link below.

600450 Wales: Serial Investor Buys Established Glass Business

See more news about:

Others also read

Extremely fine glass powder from SCHOTT provides greater stability and density to high-quality composite dental fillings.
Delphi Glass, the premier source for all glass craft needs, offers a more convenient way to fuse glass and create custom jewelry -- the microwave kiln.
Inside Sales is  pleased to welcome Shannon Forthuber as the  newest team member at Morse Industries, a provider  of top-of-the-line aluminum, stainless steel, plastic  and custom parts and extrusions for the marine,  architectural, and fixture industries as well as other  industrial manufacturers.
HyRadix® Inc., a leading provider of on-site hydrogen generation systems and supply solutions, has entered into an agreement with Praxair India, a subsidiary of US based Fortune 300 company, Praxair, Inc., for the supply of the HyRadix Aptus® on-site hydrogen generator for industrial hydrogen applications within India.
The company will be eligible for a loan forgiveness credit of $500,000 provided that it creates and retains 90 jobs by the third anniversary year of the assistance agreement.
The Kootenai County solid waste director in northern Idaho says the county will no longer accept recycled glass when the new year starts.

Add new comment