When The Going Gets Tough Look For Positives
There is no doubt that 2023 is proving harder than 2022, with many in glass and glazing saying the market is around 15%-20% down on last year, yet there...
Read Full ArticleOne of Europe’s biggest sash window manufacturers, Victorian Sliders, plans to create more jobs after receiving a £14 million investment by the Business Growth Fund.
The Business Growth Fund (BGF) will now take a 31% share in the South Wales firm which was founded 16 years ago by CEO Scot Starkey.
Victorian Sliders, as its name suggests, manufactures vertical sliding windows in the main. the firm is unusual in the sector as it is able to extrude its own profile, and make its own glass units and hardware. the company manufactures thousands of energy-efficient ECOSlide sash windows every week.
Over the last few years Victorian Sliders has enjoyed substantial growth, driven by soaring demand for sash windows. It is expecting to deliver over £30 million turnover this year.
Business Growth Fund
The significant investment from BGF will enable the company to double production capacity and further invest in its recycling plant, as well as create dozens of new jobs.
“BGF' investment and expertise will enable us to grow faster, support our customers even better and expand our existing team of skilled and dedicated employees.”
– Scot Starkey
CEO, Victorian Sliders
Growth
Edwin Davies, Investor at BGF who has joined the Victorian Sliderrs' board, says: “It’s a great time to work with an ambitious business such as Victorian Sliders. The company has an impressive product range and some very exciting growth plans. Through the provision of equity investment and our board support, we’re sure Victorian Sliders is destined for an exciting future.”
Mark Huxtable also joins the board at completion as non-executive Chair. Mark has significant experience in manufacturing through his 30-year career at Nuaire.
Picture: Victorian Sliders plans to create more jobs and expand capacity at its Welsh factory after receiving a £14 million in investment from the Business Growth Fund.
Article written by Cathryn Ellis
09th September 2021