Senior Architectural Systems Ltd sold to ASSA ABLOY Group

Transaction

Sell-side

Undisclosed

Rôle

Adviser to Senior Architectural Systems Ltd on its sale to ASSA ABLOY Group

Secteur

Industrie et chimie

Région

Royaume-Uni

We have advised the shareholders of Senior Architectural Systems Ltd (SAS), the UK’s leading independent aluminium fenestration systems supplier, on its sale to ASSA ABLOY Group (ASSA ABLOY), a global leader in access solutions.

SAS is a leading independent supplier of innovative and thermally efficient fenestration systems to the UK commercial and residential sectors, including aluminium window, door, and curtain wall solutions.

Serving customers from its two manufacturing sites in Yorkshire, SAS has successfully built an industry recognised reputation through its well-invested infrastructure, extensive product set, and exemplary customer service. The business has received multiple awards for its energy-efficient, high-quality aluminium fenestration systems that exceed both existing and upcoming regulatory requirements, underpinned by its patent-protected PURe product range.

The transaction supports ASSA ABLOY’s strategy to broaden its capabilities and add complementary products and solutions to its core business, further extending the ASSA ABLOY offering into the UK commercial market.

We are delighted to join ASSA ABLOY and combine our heritage as one of the leading UK aluminium fenestration systems suppliers with ASSA ABLOY’s international scale and world-leading brand and technology in access solutions. This is an exciting next step in our journey, creating opportunities to enhance our offering through the complementary capabilities of both businesses and ultimately achieving our growth ambitions.

Clearwater has been an excellent and trusted adviser to us from start to finish. From the outset, it was essential for us to find the right home for Senior Architectural Systems and Michael, James and the team at Clearwater had a clear plan for the process, which ultimately led to the sale of the business to ASSA ABLOY Group. We are extremely grateful for the invaluable support and guidance throughout to achieve this outcome.
Mark Wadsworth, Managing Director, SAS

SAS are an exciting addition to our UK business, and I am delighted to welcome their team into ASSA ABLOY. SAS offer an innovative and high-quality range of window, door, and curtain wall systems including market-leading thermally efficient technology. Their portfolio will further extend ASSA ABLOY’s offering into the commercial market in the UK.
Harry Warrender, Senior Vice President and Head, ASSA ABLOY UK & Ireland

It has been a pleasure working with SAS and the senior management team led by Mark Wadsworth on what is a transformational transaction in the sector. SAS is a fantastic business and a leader within the UK fenestration market, underpinned by innovative, energy efficient solutions. The combination with ASSA ABLOY is an exciting next step in the journey and will act as a catalyst for their next phase of growth.
James Malcharek, Director, Clearwater

We are proud to have advised SAS on this important transaction, delivering an excellent outcome for the company and its shareholders. ASSA ABLOY is an ideal strategic partner that will support SAS in accelerating its growth and expanding its market reach. We look forward to seeing the business thrive under its new ownership.
Michael Loudon, Partner, Clearwater