Bowater buys Newdawn

Newdawn, based in Alcester, Warwickshire, has a range of conservatory roof systems to fit projects from small domestic installations to portal frame structures.

Newdawn’s experience in roofing systems dates back to 1984. The company, which employs 44 people, supplies a wide range of conservatory fabricators and installers across the UK and Eire.

The £180 million turnover Bowater Building Products and Home Improvements organisations include a leading PVC-U window systems company, WHS Halo, and the direct sell fabricator and installer, Zenith Staybrite.

This is the first acquisition by Bowater Building Products since 3i, the venture capital company, took a majority shareholding in the business supporting the management team, in 2004.

The trade and assets of Newdawn & Sun Ltd are being acquired from the shareholders, the Reddiplex Group and Newdawn’s Managing Director, Mr Mike Newey, who will be retiring from the company on completion of the sale.

Commenting on the acquisition, Bowater Building Products Chief Operating Officer, Nigel Richmond said: ‘As part of Bowater Building Products, it will be very much ‘business as usual’ for Newdawn customers as we intend to retain all staff and continue to operate independently at Alcester.

I’m very happy that it’s Bowater that will be taking the business forward.

‘Newdawn was one of the pioneers of the glazed roof construction sector and has many loyal customers who are the bedrock of the business.

‘Our primary goal is to continue to support existing customers and bring additional resources, which will improve the level of service and increase the rate of new product development.

‘This is also a logical step for Bowater Building Products.’ He added: ‘There are obvious synergies in Newdawn being able to work with the profile systems systems business, WHS Halo, and the conservatory division of Zenith Staybrite.’

Michael Newey added: ‘I think it will be good for Newdawn. I’ve made it clear for the past two or three years that I want to retire and I’m very happy that it’s Bowater that will be taking the business forward.’

Michael, who also described the deal as a very happy marriage, will retain links with the business and is expected to be on hand at exhibitions, etc. He lives in the Alcester area, has been married for over 40 years to Caroline, and has four daughters and several grandchildren. Have a long and happy retirement Michael.