The two companies are an excellent fit, extending the Group’s range of engineered components for the door and window markets around the world. We are bringing together two well-known industry brands and the new business now combines both hardware and seals in a ‘One-stop Shop’ offer.
For the moment it is ‘business as usual’ for both Giesse and Schlegel, but we have strong plans to use our combined strengths to bring all our customers new opportunities in the future. Seals and hardware are the two most important components in the weathering performance of a window and door, their combined development is an obvious way forward especially as Building Regulations everywhere continue to improve
For Schlegel and Giesse, our major markets are in Europe, but we both have growing new businesses in South America and, whilst Schlegel are strong in Australia and New Zealand, Giesse have a greater presence in China, the Middle East and India, meaning the new combined business will have access and real synergy opportunities in a number of new markets.
I will keep you up to date with further developments as they happen, but if you have any questions or concerns, please advise your usual contact and we will ensure full feedback.
In the meantime, on behalf of everyone in our new organisation, I would like to thank you for your continued support.