LAIDLAW SOLUTIONS - Leaderflush Shapland & Komfort Workspace
Acquisition By Laidlaw Solutions
Laidlaw Solutions Ltd, backed by leading private equity group Rutland Partners,
has acquired SIG PLC’s Interiors Manufacturing Division (SIGIM) in a deal which
gives the combined companies a turnover of around £130 million. The new company
will be called ‘Laidlaw Interiors Group’ and brings together Laidlaw’s market
leading brands with those of door manufacturer Leaderflush Shapland and office
and glazed partition manufacturer Komfort Workspace. Other SIGIM companies
included in the acquisition include Cubicle Systems washrooms and Tufwell Glass
and Blinds (formerly SIG Glazing Services). John Jefferies, the owner of Laidlaw,
will be the new Group CEO.
Laidlaw Interiors Group will become the UK’s leading supplier to the commercial
interiors sector with over 1000 employees and a market leading position in
doorsets, ironmongery and partition systems. Rutland and Laidlaw intend to
restructure and invest in the acquired businesses to turn around their
performance and to build on the strength of the combined brands. Opportunities
for product supply between group companies have already been identified.
Commenting on the deal, John Jefferies said:
“I am delighted to have Rutland as an investment partner to work with my team in
developing the Laidlaw Interiors Group to become a major force in the UK
commercial interiors market. Our combined strengths, supported by our network of
sales centres, will greatly increase our value to specifiers.”
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