The team who acquired Window Widgets in 2019 has announced the formation of the Q19 Group and the acquisition of Profoil Limited.
Profoil, based in Kettering, provides foiling services to the fenestration and building materials markets in the UK and Republic of Ireland.
The group includes brands such as Window Widgets, Residence Collection and now Profoil, with manufacturing facilities in Gloucester and Kettering.
Window Widgets began in 2000 and became the largest range of universal ancillaries for the fenestration market. In 2012, Window Widgets launched Residence 9 and today it forms part of The Residence Collection of design led PVC-U window and door systems.
The Q19 Group will implement an investment programme to support further growth across all its businesses, with bold ambitions for the future direction of the group.
The deal was put together by the Q19 director team with advice from Cattaneo Corporate Finance and Legal Clarity, with financial support from Shawbrook Bank. The management of Profoil Limited were advised by Kingswood Business Sales, a division of Richmond Capital Partners.
Sarah Hitchings, Sales and Marketing Director of Q19 Group, commented: ‘I, along with the other directors of the business, are pleased to announce the strategic acquisition of Profoil, a key supplier to Window Widgets. We now have an opportunity to continue investing and realising the considerable potential of Profoil within our group.’