Modular Group Investments (MGI) has acquired Oakland Glass.

It is said to be a key strategic addition to the group, adding significant capacity and capability in IGU production, and providing established routes to market for Oakland Glass through MGI’s existing and future channels.

MGI has purchased the entire share capital of Oakland Glass, which was established in 1986, with the transaction closing on 8 February.

Michael Garratt, founder at MGI, said: “I am very excited to add Oakland Glass to our group and to have the opportunity to build upon what the team has created. We look forward to a promising future together – MGI plans to acquire more componentry manufacturing business this year in order to continue to diversify our product portfolio, but also to strengthen our customer relationships by offering more products and service.”

Giles Richell, Group CEO at MGI, said: “This is a great addition to the MGI Group and provides a depth and scale of vertical integration that we believe is unmatched by our competition. This will allow us to supply our multiple construction markets with the best service and most competitive solutions in the industry.”

Amanda Falsey will be continuing in her role as managing director and Tina Moorhouse will stay on in her capacity as Oakland sales director.