One of the UK’ leading manufacturers of insulated and toughened glass units, Cwmtillery Glass Centre (CGC), has been acquired in a multi-million-pound.
The acquisition, by an undisclosed acquirer, provides an equity exit for the Ebbw Vale-based firm’s owners and husband and wife team Paul and Cerianne Hayward, who have developed long-standing relationships with blue-chip suppliers including Pilkington and Guardian.
The business was founded by managing director, Mr Hayward in 1996 with just a single cutting table, and has since evolved into a £15m-plus revenue firm, employing some 120 staff and operating from a 100,000 sq ft manufacturing facility. Supplying the trade, domestic, commercial and new build sectors CGC produces over 21,000 sealed units per week and has consistently enjoyed year-on-year growth.
