Turnover target in sight
Customade Group is on course to double its scale to become a £200 million business, the company has announced.
Following its merger with Polyframe, the company currently has revenues of more than £100 million. The next phase of growth will be led by former Synseal CEO David Leng, who joined in February 2018, following a recent £2.5 million investment in site developments, machinery and IT.
“It’s been a terrific first year for the group, which has made a string of major investments in the last year and affirmed its position as the industry’s largest fabricator,” David said. “There have been many landmark achievements for the group with major investment, product development, top industry award wins, and growing national presence to name just a few – and we’re now ready for the next exciting stage.
“The group has an enormous capacity for further growth and an appetite for improvement, and I believe it will double in size to become a £200 million business within the next few years. We have some bold plans for the future and a team of 900 people to deliver our growth strategy. I’m very much looking forward to building on the scale and strength of the group to help it fulfil its potential.”
An investment programme of £2.5 million across several manufacturing sites increased Customade Group’s capabilities and doubled production output. Three of the group’s nine sites in Livingston, Gloucester and Norwich recently expanded to cater for increased demand across both PVCU and aluminium. With additional capacity, the group has welcomed more than 500 new customers on board and will roll out a number of new products nationwide during the year.
“Our new innovations are all about anticipating the market and driving long-term growth for installers with a range of fenestration products, profiles, materials and price points that guarantee good margins,” David said.
Customade Group’s brands include Real Aluminium, Atlas Glazed Roof Solutions, Polyframe, and Virtuoso Doors.