WHITESALES ANNOUNCES ACQUISITION OF LAREINE ENGINEERING
Whitesales Ltd and Lareine Engineering Ltd, two of the best known names in the flat rooflight, roof glazing and daylighting market, have come together in an acquisition deal which will maximise the synergies between them and deliver significant benefits for both businesses.
On the 5th November 2021, Lareine became a wholly owned subsidiary of Whitesales and will continue to operate from its base in West Lothian.
Tom Bates, Managing Director at Lareine, commented on the deal: “This is a really exciting new chapter for Lareine. We are joining forces with a refreshing and dynamic business in the daylighting market which shares our values and is committed to investing in our future. That’s a huge positive and the news has been warmly welcomed by the whole team.”
Whitesales’ Managing Director Chester White says the move is good news for both businesses. He explained: “For Lareine, it secures the long-term future of the business as a major supplier of engineered daylight solutions to key markets in Scotland and the North of England and establishes the West Lothian facility as our UK manufacturing hub. It brings guaranteed investment in new facilities, technologies, and processes as we are looking to increase volumes right across our ranges, and in Continuous Rooflights in particular.”
“For Whitesales, which is already the UK leader in this market, it gives us additional manufacturing capacity in line with our plans for continued rapid growth and gives us vital control over our UK based supply chain.”
He added: “I’m sure customers will welcome the news. There’s obvious synergy between us in terms of product ranges, knowledge and expertise, and our approach to the market. Customers who are buying from either Whitesales or Lareine can expect business as usual over the next couple of months and the same high levels of service they have been used to. Very soon, we will be giving them shared access to both product ranges so, effectively, they will get everything they are already getting and more, with more choice, improved continuity of supply and lots of new market opportunities, all through their existing supplier.”
Whitesales’ agility and focus are what sets it apart in the daylighting market. Customers have benefited from its outstanding performance and resolve to continue supply throughout the challenges of recent times. Thanks to strategically timed investments in materials and stock, it has largely been able to maintain service levels and many new customers have switched to its robust and reliable offering as a result.
More info at: https://www.lareineengineering.com/
Issued by: Sarah Coupe – Dialogue PR
Tel: 07922 053917/0118 978 1238