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Bushboard
Management Acquires Control
The
Management of Wellingborough based Bushboard Limited has acquired control
of its £27m business from Lloyds Development Capital (LDC) in a
Secondary Buyout funded by Bank Of Scotland Integrated Finance.
Bushboard, one of the UKs leading manufacturers of laminate worktops
and commercial washroom systems, has completed the purchase of the majority
shareholding of the Company in partnership with Bank of Scotland Integrated
Finance (BoSIF).
LDC
backed the management team in their original management buy out from Danish
aggregates group Henrikson og Henriksen A/S in 2000 (pictured), acquiring
a majority share. During this time the management team has increased annual
sales from £16m to £27m.
The performance has been driven by a number of innovations, including
exclusivity over the use of Microban antibacterial technology in its worktop
product range and partnership with bathroom giant Twyford in designing
and supplying ready-plumbed modular cubicles and washrooms to the private
and public sector building industries.
Stuart White, managing director of Bushboard said, The backing of
LDC helped us develop two strong trading divisions focussed on their individual
market needs. Now with the Bank of Scotlands Integrated Finance
package we have the chance to realise our ambition and take control of
the business. It allows us to maintain our independence while providing
compelling long term funding.
Tel: 01933 232 242
Web: http://www.bushboard.co.uk
Indesit
& Finish 'Dino' Outdoor Campaign
December
2004 saw the launch of the Indesit
and Finish outdoor campaign. The campaign features an image of a dinosaur
on poster sites positioned around traffic hotspots in London and the South
East.
Representing the extinction of washing up, the impressive dinosaur character
was created with Euros RSCG design agency from various dishwasher components,
washing-up liquid bottles and sponges.

Sarah Pascal, Indesit's Marketing Communications Manager comments on the
outdoor campaign, We wanted to come up with an exciting way to promote
our partnership of the Finish brand. 'Dino' is a fun and eye-catching
character that symbolises the end of washing-up with the help of Indesit
and Finish working together. By placing posters in traffic hot-spots we
shall be targeting areas where dwell time is higher than average - and
in turn driving this traffic hopefully into kitchen retailers' showrooms!
To request an Indesit brochure please contact 0870 777 6485 or for more
information on Indesit's product range please visit http://www.indesit.co.uk
Wolseley
plc - £41m Spent on Four New Acquisitions
Wolseley
plc, the world's largest specialist trade distributor of plumbing and
heating products and a leading supplier of building materials to professional
contractors, provides an update on recent acquisitions.
Since Wolseley's last acquisitions announcement on 27th September 2004,
an additional four distribution businesses in Europe and North America
have been acquired for an aggregate consideration of approximately £41
million in cash.
These acquisitions bring Wolseley's total spend on acquisitions, including
debt acquired, since the beginning of the financial year, to approximately
£183 million.
In total, the ten acquisitions completed to date are expected to add approximately
£290 million to group turnover in a full year. Goodwill related
to these ten acquisitions is estimated to be around £68 million.
Details of the additional four acquisitions are set out below.
North American Plumbing and Heating Distribution
In December 2004, Parnell-Martin Management LLC ('Parnell-Martin') was
acquired in the USA. Parnell-Martin is a wholesale distributor of plumbing
products from 17 locations across Virginia, North Carolina, South Carolina,
Georgia and Florida. The acquisition of Parnell-Martin will increase Wolseley's
market share in the region and will enable Parnell-Martin to benefit from
access to Ferguson's distribution centres. Parnell-Martin had sales of
$93.0 million (£48.9 million) in the year to 31st December 2003
and net assets, excluding net debt, of $34.9 million (£18.3 million)
at that date.
Also in December 2004, Ferguson acquired Record Supply Company, Inc. ('R
Supply'). R Supply is a four branch, wholesale distributor of plumbing,
heating, air conditioning, waterworks, irrigation products and industrial
tools, operating in the northern regions of Nevada and California. R Supply
had sales of $30.0 million (£15.8 million) in the year to 31st December
2003 and net assets, excluding net debt, of $9.3 million (£4.9 million)
at that date.
Wolseley Canada acquired the shares of TAPS Wholesale Bath Centre Inc.
('TAPS') in December 2004. Based in Toronto, TAPS is the largest retail
plumbing showroom in Ontario. The single facility, which has a reputation
for quality and excellence, will enable Wolseley Canada to continue its
expansion into the profitable retail showroom market through replication
of the TAPS concept to
other metropolitan areas across Canada. TAPS had sales of C$14.0 million
(£6.3 million) in the year to 31st December 2003 and net liabilities,
excluding net debt, of C$0.3 million (£0.1 million) at that date,
due to excellent working capital management.
The previously announced acquisition by Ferguson of substantially all
of the operating assets of the Clark Group family of companies completed
in November 2004, following Court approval. The Clark Group's main business
is the fabrication and distribution of fire protection equipment, headquartered
in St. Louis Missouri.
European Distribution
In November 2004, Brossette in France acquired the trade and assets of
BML, a specialist distributor of products to public works projects, operating
from one branch south of Paris. The company had sales of Euro 5.6 million
(£4.0 million) in the year to 31st December 2003 and net assets,
excluding net debt, of Euro0.7 million (£0.5 million) at that date.
Maytags
January Sale
1st
January saw the start of Maytag UKs sale with £100s
of price reductions offering retailers a kick start for the New Year.
The sale finishes on the 31st January 2005.
There are price reductions on some of Maytags most popular models.
Refrigeration has great bargains starting with the M2260iTW (includes
trim kit) at £1065; the M2260iW and the M27iW, with 26.7 cu.ft.
capacity, are down to £1005 a piece, and the Euroline top mount
refrigerator, in white, is going out at £217.
The offers dont stop there. The Maytag Handy Chiller, the fast drinks
cooler is on offer at £21 each when purchased in fours. Finally
focussing on dishwashing, Maytags stainless steel MSE760FAKS with
7 programmes and 5 temperatures is available at £221. To take advantage
of these limited offers and details of terms and conditions of how to
obtain these special promotional prices contact your Maytag Area Sales
Manager.
These keen pricing incentives gives the retailer a kick start for
the New Year offering an exciting start to the year in one of the industrys
fastest growing appliance sectors, American refrigeration, comments
Graham Gleave, Sales Director. He continues, The promotion is a
great opportunity to generate profit at this challenging time of year.
Maytag UK offers the retailer the total solution for authentic American
refrigeration from entry price levels up to luxury with the companys
three brands, Amana, Maytag and Admiral. To take advantage of these prices
contact your Area Sales Manager on how to order or telephone Maytags
hotline 01737 231 000.
Nobia
Completes Acquisition of EWE-FM
The
Austrian and German competition authorities have unconditionally approved
Nobia's acquisition of Austria's leading kitchen manufacturer, EWE-FM.
Nobia strengthens its foothold in the Austrian and Continental European
kitchen market through this acquisition.
EWE-FM's sales are around SEK 575 million and its Austrian market share
is about 16 per cent. Around 75 per cent of EWE-FM's sales are in Austria
and the remaining 25 per cent are in southern Germany, northern Italy,
Switzerland and the CEE countries. EWE-FM is the leading kitchen manufacturer
in the Austrian middle to upper kitchen segment.
The acquisition will have a positive impact on Nobia's EPS from year one.
The integration of EWE-FM into the Nobia Group is expected to produce
synergy effects.
The main strategic attraction of the acquisition is that EWE-FM will strengthen
Nobia's presence in Europe and provide a strong market position in Austria.
Acquiring EWE-FM also gives Nobia a good chance to capitalise on the strong
growth prospects in the Czech Republic, Slovakia, Hungary and Slovenia.
'We are very pleased that the authorities in Austria and Germany have
approved the acquisition of EWE-FM. The company will fit seamlessly into
the Nobia Group, and will give us a strong position in the Alpine region
and a platform for expanding our presence in Eastern Europe', says Fredrik
Cappelen, Nobia's President and CEO.
Euroline
to Launch Leading Italian Extractor Brand
Falmec,
one of Europe's leading extractor brands will launch in the UK market
in 2005. Falmec is to be distributed by Euroline Sales & Marketing,
a niche distributor of mid-to-high end kitchen appliances and the company
behind the UK presence of Viking appliances and Gutmann extractors.
Designed
and manufactured in Treviso, Italy, Falmec was established in 1981 and
is today one of Italy's foremost manufacturers of quality extraction systems.
Falmec's current product portfolio is comprised of over 100 designs and
models range from the simple, understated style of 'Logo' and 'Adara'
to the make-a-statement 'Diamante'.
All extractors offer a typically Italian blend of form and function -
yet are competitively priced, with many designs having the additional
bonus of features such as sensor activation and perimeter suction - traditionally
only found at the top end of the market. Premium quality materials and
components, including 'Scotchbrite' grade 304 stainless steel increase
the brand's appeal.
The majority of Falmec extractors are available as wall-mounted or island
units and motor speeds range from 600m3/hour to 800m3/hour. A range of
clever accessories and extras such as the 'Lumen' collection of illuminated
shelving is also available. Meanwhile, for those still looking for that
little bit extra, there is the 'Stratox' range that offers even more choice
of materials and finishes - including aluminium and touch-free stainless
steel.
Euroline's Nigel Jacob says,
Falmec offers quality and performance at a price that is currently
unrivalled in the UK's mid-market sector - and which we believe there
is a demand for. The brand raises the stakes with a superior set of standards
and works seamlessly with Gutmann to offer discerning designers and retailers
an increased and comprehensive range of extraction solutions from mid
to top of the range.
Falmec is available from Euroline now and RRP prices start from £467.00
excluding VAT.
For further information about Falmec, telephone 01376 564341 or visit
http://www.falmec.com
Franke
Sorter System Wins Award
Sink
manufacturer, Franke, collected an award for its Sorter waste management
system (a former K&BZine Product of The Week) at The Kitchen and Bathroom
Designers Manufacturer Awards last month. The Sorter achieved commended
status at the magazines first award ceremony, which has been launched
to inspire and recognise design excellence in the kitchen and bathroom.
The Sorter waste management system is located under the sink of either
500 or 600mm base units and has four compartments to separate and group
types of waste.
It comes in two different versions, the hands-free KickMatic (700K) Sorter
and the Sorter Motion, which has a smooth closing action (Blum motion).
John Swain, product manager for Franke UK, commented: Ecological
waste management is essential in any modern home and the we believe the
Franke Sorter system makes the separation of waste convenient and will
encourage people to be more responsible when dealing with their household
rubbish.
The Sorter can be installed in under 15 minutes and a CD-ROM is now available
through the Franke website http://www.franke.co.uk.
Tel: 0161 436 6280
Broughton
Crangrove Launches New Range of Bathroom Furniture
Broughton
Crangrove, a distributor of premium appliances and furniture which offers
next day delivery to the majority of the UK, is expanding its bathroom
furniture with the latest from Avanti.
From 1st January 2005 Broughton Crangrove has exclusive distribution of
the Avanti Fresca range of bathroom furniture. The new range features
clean, contemporary styles and designs in sought-after colours and finishes
with the added dimension of a new reduced carcass depth of just 200mm.
Avanti Fresca offers three different finishes; two high gloss finishes
in white or latte and a contemporary Wenge in a luxurious dark wood finish.
The doors, panels and accessory fascias may be mixed and matched to create
a vibrant environment.
The Avanti Fresca range is a true innovation and is a superb range
of quality furniture, offering flexible design combinations and profitable
opportunities for retailers. The stunning finishes and reduced depth carcass
of just 200mm not only creates attractive storage options for displays
but opens up tremendous space saving opportunities for virtually any cloakroom,
bathroom or en suite at highly competitive prices, explains Allan
Nutter, Commercial Director.
For further details on the new Avanti Fresca range, supporting literature
and Broughton Crangroves latest price book call 0870 60 60 601.
Caption: Broughton Crangroves new Avanti Fresca Latte/Wenge Bathroom
Furniture solution.
Local
Council Prompts Cross-Range Safety Design Innovation
Myson
Heating Controls has fitted its entire Matchmaster valve range with a
screw-top cap, following a safety initiative suggestion from Barrow-in-Furness
district council.
The
innovation ensures the cap will not come adrift accidentally, leaving
an exposed, and potentially dangerous, metal spindle.
The Matchmaster range, which conforms to BS2767-10, is the mainstay of
Myson's range of radiator Lockshield valves for local authorities and
housing associations.
After listening to advice received from Barrow-in-Furness district council
which views this as a requirement, the simple-yet-effective modification
was adopted across the range to offer all local authorities and housing
associations extra safety, and reduce their legal vulnerability to domestic
accidents. This will also help to reduce the maintenance departments requests
for replacement caps.
Peter Spiers, UK development manager at Myson, said: 'It's such a simple
design, yet reflects the new attention to detail within local authorities,
when it comes to safety in all areas of design and build.
'Working together we hope to minimise the possibility of serious accidents
occurring within the home, especially important where the young or the
old are concerned. With the Myson TRV2Way recently voted first choice
by an independent report for use by the less able, councils can sleep
more easily at night.'
Tel: 0191 491 7530
Email: mailto:sales@myson.co.uk
Web: http://www.myson.co.uk
Waterline
20th Anniversary Show Time
2005
marks the 20th anniversary of Waterline Ltd., which came into being on
5th March 1985. The kitchen distributor is planning a number of celebratory
events and promotions during the year, including a Spring Road Show. The
seven-venue Tour has been designed to be as accessible as possible for
all Waterline customers.
The Show will include the launch of a new line-up of Cuisina cooking appliances,
exclusively available from Waterline, plus a new kitchen furniture range.
This addition to the established Crown and Zimmer Kuchen offer will broaden
Waterlines market base.
The tour opens at Sketchley Grange Country House Hotel, Hinkley, 2nd March
and then rolls on to Cambridgeshire Moat House, Cambridge, 8th March;
Woodlands Park Hotel, Cobham, Surrey, 16th March; Mere Golf & Country
Club, Knutsford, 23rd March; Holiday Inn, Hambrook, Bristol, 7th April;
Rudding Park Hotel & Golf, Harrogate, 13th April; Airth Castle &
Hotel, Airth by Falkirk, 27th April.
Tel: 0870 5561560
Maytags
Solid Foundations in Customer Care
The
first stages of implementation of Maytag UKs SAP system are now
complete and the company is using its solid foundation to take its customer
service to the next level and bringing it in line with its American counterparts.
Streamlining its operations and constantly upgrading systems makes
it easier to do business with the company, says David Gooch, Customer
Service Director. Maytag has increased its overall efficiency and
put in extensive effort to support retailers and its sales people in the
field.
The Customer Service call centre has reorganised its teams with additional
team leaders to further customer service excellence. The heightened responsiveness
to incoming calls exceeds a rate of 95% efficiency. And with the dedicated
Trade Partner call centre, Maytag achieves 97% success rate on answering
and actioning customer calls. David Gooch, explains, The implementation
of the SAP system was challenging and I feel that our customers did not
experience us at our best. However, we can now demonstrate and deliver
the effectiveness of this system with additional and extensive support.
Service engineers are exceeding a 94% first fix rate and maintaining this
level consistently. The majority of customers are serviced from the Headquarters
at Redhill, but for those in outlying areas the engineers are managed
through their dedicated training scheme, Service Training Initiative.
Each engineer attends Maytag training courses to become and maintain their
status as an Accredited Maytag Service Agent. David continues, It
is an inherent part of our strategy to provide service the American way
and to deliver better than best service at every opportunity. We have
many on-going plans and new systems to implement in the not too distant
future, to ensure we drive and continually improve our customer service,
after sales and deliveries. It is our intention to support the retailer
at every opportunity by adding value to all Maytags brands through
service excellence.
Lathams
Gateshead Depot Improves Stock Range
James
Lathams newest depot at Gateshead is increasing its product offering
and adding to its stock profile after installing a new racking system.
A wide range of Egger Kaleidoscope and Kronospan Kolorband Melamine Face
Chipboard (MFC) and MDF is now available at the depot, in a choice of
over 40 decors.
Suitable for kitchen, shopfitting and furniture applications, the MFC
and MDF range also features matching edging tapes and laminates, and is
available in packs, split packs and loose sheets.
To make life even easier for customers, the sheets can also be cut to
size, and delivery ex stock is available in 24-48 hours.
Group panel products director for Lathams, Chris Sutton, says, Having
a James Latham presence in the North East means that we can provide the
successful Egger and Kronospan ranges even further north than we were
able to before, helping us to bring our one stop shop ethic
to the new Gateshead depot.
He continues, To introduce these new products, a number of special
offers are available, and we are looking to announce further additions
to the stock range in the near future.
Tel: 0116 257 3415
Email: mailto:marketing@lathams.co.uk
Web: http://www.lathamtimber.co.uk
Tretzo
helps Transform one of Bradfords Dark Satanic Mills
Tretzo
UK, bathroom furniture manufacturer, will provide the luxury bathroom
furniture for Victoria Mills bordering Saltaire World Heritage Site. The
£70m refurbishment scheme by developer Newmason Properties, will
transform a 300k sq ft derelict textile mill into luxury apartments and
could boast Bradfords first half a million pound penthouse.
Tretzo, through Althea UK, the company's North England distributor, is
supplying its Module range, which developers find adaptable to any space,
large or small, to all 407 apartments. With a variety of basin unit and
mirror selections, Module will provide tranquillity and reduce clutter
to the interiors most essential room. 'High build quality and ultramodern,
minimalist design combine as Tretzos personality trademark.' says
the company.
'The development has been designed and will be built to the highest specification,
and includes all the luxuries one would expect from a contemporary property
conversion and new build' says Andrew Mason of Newmason Properties. Crowned
with smooth, white ceramic wash basins, Tretzo module furniture, supplied
in warm natural cherry, is configured in a selection of modular and free-standing
designs. Tretzos partnership with Althea UK and Newmason Properties
is a long-standing and winning combination.
Restoring the three beautiful 19th century, Grade II listed mills, and
a series of new build constructions, will create enviable living spaces
on this five acre site complete with roof gardens, balconies, concierge
service, landscaped gardens, a river frontage seating area, and hopefully
tennis courts.
There will be three phases at the Victoria Mills development; phase one
will see two of the three mills converted into luxury properties, phase
two will be the construction of the new build apartments and the final
phase, with a projected completion date of 2007, will be the conversion
of the third mill into apartments.
Tel: 028 3752 3735
Email: mailto:sales@tretzo.com
Web: http://www.tretzo.com
Service
- the Foundation of Homag Success
At
Woodmex 2004, arguably one of the busiest Homag U.K. team members was
After Sales Director Paul Newman. One of the busiest and also one of the
most recognisable in the industry, Paul learned his trade at the cutting
edge of engineering with many machine installations and service maintenance
visits under his belt. Universally liked and respected, Paul Newman has
a reputation for 'getting the job done' and there are numerous anecdotes
about managers having to ask him please to go home and come back the following
day so that they could get some sleep.
The reason that Paul Newman was such a customer target at Woodmex is a
reflection of the fast growing recognition at all levels of the importance
of after-sales service and engineering back-up when buying machinery -
sophisticated or otherwise.
Homag's Success with a System theme at Woodmex and other international
exhibitions this year draws attention to the great strides that the Group
members have made in terms of technical integration, but these are only
possible with complex support and diagnostic logistics to keep customers'
machines and factories running. The company says that, in the UK, Paul
Newman and the Homag U.K. after sales team are the best equipped and trained.
Since Homag U.K. moved to its new 20,000 square feet Castle Donington
headquarters just over three years ago, the various after sales departments
and associated training facilities have been integrated and streamlined
with the sole purpose of customer benefit.
So, when customers were enquiring about machinery and solutions on the
stand at Woodmex, it was perfectly natural that part of these enquiries
related to what back-up came with a purchase from Homag.
The answers are impressive and re-assuring: Paul Newman has not only built
up a qualified and efficient team around him, but infused them with his
enthusiasm for customer care and pre-empting problems with fast response
and integrated systems.
Most machines - even small Brandt edgebanders - are nowadays on-line
via modem he explains. We ensure that every machine and customer
has a full, detailed, traceable service and operation record in our unique
CTC customer database which is operated by my colleague Sandra Nelson.
This CTC database is a centralised system linking all facets of customer
contact and service - from accounts and credit control, through to spare
parts records and history, engineering reports, training status and machine
operating and service history. It really is an excellent, fast and
efficient reference point and database for all our departments and supplies
the customer with the results and answers they need when they want them
says Sandra Nelson.
So, when the telephone rings at any time from 0700 to 1800 on weekdays
in the Homag U.K. service department a system of result delivering immediately
ensues, starting with a dedicated telephone support team of three on a
hotline and each with their own particular area of specialist knowledge
and experience.
They are trained and briefed to answer queries and problem solve in a
front line capacity before referring the enquiry to either Paul Newman
himself or either of his service secretaries, Sandra Nelson or Lynn Jeffries.
As and where required other divisions of the team will be brought into
play: Paul Newman will organise trained engineering attendance at the
client depending on the requirement A fully trained team of 17 engineers
covers all parts of the UK and Ireland.
If the requirement is for a spare part this is dealt with by the spare
parts co-ordinater Matthew Welcher or either of his assistants Geraldine
Harvey and Karen Hopkins. Parts dispatch is fast and extensive spares
are carried at Castle Donington. In the event of a part being required
from the manufacturing company, this is also immediately dispatched. On
the ground, Homag U.K. engineers have a live link for parts identification
via digital picture mobile phones. Replaced parts are returned for analysis
and logging via a central database so that any repetitive pattern worldwide
can be identified and remedied.
Lynn Jeffries also co-ordinates and books all customer training sessions
and events including software upgrade and refresher courses. These
are becoming more and more popular explains Lynn, as customers
want to maximise the potential of their staff and machines. We're finding
that we're having to book courses further and further ahead. Homag
U.K. has dedicated training facilities on-line at Castle Donington for
both programming and hands-on training. Training also takes place on customer
sites or at the original manufacturer before the machine is delivered.
Delivery, too, is all part off the service and Howard Lauder co-ordinates
this department by not only delivering machinery to site, but advising
on position preparation, HSE-compliant off-loading and locating techniques,
and much more as required - another area where Homag have developed trained
expertise for the benefit of their customers.
Service secretary Sandra Nelson explains that follow-up and precise entry
of work-in-progress and situation reports are vitally important in maintaining
the smooth flow of the parallel departments. Again this is done via the
CTC database and, in the case of a service a call log report is generated
which includes all the customer details, machine history and even direct
personnel details: In a large company we have to be able to deal
with the person directly responsible both from the point of view of efficiency
and to prevent any problems down the line explains Sandra Nelson.
In spite of all the complex and efficient systems now in place at Homag
U.K. and via modem and (optional) video diagnostic links to original manufacturers,
Paul Newman remains a passionate advocate of preventative maintenance.
We wouldn't buy a car without having it regularly serviced so what
about an expensive, high volume production machine that can be the lifeblood
of a business?
The scheduling of maintenance inspection visits falls to Lynn Jeffries
who says that this message is very much getting through as regular inspection
visits are being booked with increasing frequency.
Homag U.K. holds regular in-house exhibitions in the sizeable demonstration
bay and both MD Paul Cooper and Paul Newman are keen for visitors to tour
the after sales and service facilities to gain a better understanding
of their importance and how they can be put to work for their own company's
benefit.
These days, buying modern production machinery without this level of professional
service and back-up expertise is simply not an option. The Homag U.K.
after sales and service departments headed by Paul Newman are a crucial
factor in successful customer-supply partnerships. Witness the demand
for Paul Newman's attention at Woodmex.
Tel: 01332 856500
Email: mailto:sales@homag-uk.co.uk
Web: http://www.homag-uk.co.uk
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