The Burnden Group plc has extended its interests into the DIY multiple sector with the acquisition of Cestrum Conservatories Ltd. The acquisition, which was completed on 27th February, is part of The Burnden Group's growth strategy for K2 that has seen the conservatory roofing system manufacturer add K2 Glass and K2 Window and Door Systems to the portfolio during the past year. The company is now in the process of launching K2 Architectural Systems for the commercial sector and, with the addition of Cestrum, will have a valuable complete conservatory offering through the large DIY multiples.

Explains Managing Director of K2, Sally Fielding: 'We have always been a dynamic and innovative company and have achieved phenomenal organic growth over the past four years. We have now grown to a size that allows us to develop even further and this acquisition will play a pivotal role in the diversification of our market offer and the development of our product range. As we continue to pursue our strategy for controlled expansion this acquisition will be a key driver for development of additional market sectors.'

Formerly part of the Heywood Williams Group, Cestrum Conservatories was a customer of K2 prior to the acquisition and will give the company a continued presence in the important DIY multiple sector. Cestrum will continue to trade under its existing name and remain under the direction of Eamon Kavanagh as MD.

Comments Eamon Kavanagh: 'K2 is a hugely successful company with a clear growth strategy and an enviable track record of achieving its goals. They are the perfect parent company to realise Cestrum's potential in the conservatory market.'

The acquisition of Cestrum will provide a further catalyst for growth for K2, which is part of The Burnden Group. The Group now employs more than 400 people and has consistently been named one of the fastest growing companies in the North West.

Source

Glass Age