Aperture Trading Ltd announces it has successfully completed an agreement to purchase the majority of Synseal Group’s trade and assets from administration for an undisclosed sum.
The acquisition will safeguard more than 1000 jobs, secure supply to 1200 customers and allow the business to focus time and investment on areas which can be grown and create new value. Benefitting from significant levels of new investment into the venture, Aperture has been established by Synseal’s former majority shareholder together with the Chairman, and with the backing of the senior management team, including CEO Matthew Mycock and Group Sales & Marketing Director Andy Jones.
The trade and assets acquired are Synseal Extrusions, Warmcore, PVC fabrications including vertical sliders, roof systems, residential doors – now known as Calibre doors – Global Glass and Norvik.
Chris Pole and Mark Orton were appointed Joint Administrators of Masterdor Limited (the “Company”) on 5th March 2019.