Facade System Engineering Limited 
Buy-Out Deal Boost For Facade
A Nottinghamshire company is set to launch a major drive for growth following the completion of a multi-million pound management buy-out deal led by Cooper Parry Corporate Finance. Newstead Abbey-based Façade System Engineering Ltd has been acquired by Nottinghamshire businessman Roger Cochrane, who first joined the company in 1998. Mr Cochrane said: “I’m delighted the deal has been concluded and, building on the firm foundations which have been laid, there is now a real opportunity to take the business to a new level as one of the leading players in Europe in high quality building façade technology.”First established in 1995, the company has a head office in Newstead and a manufacturing unit in Stafford and specialises in the design, manufacture, supply and installation of high specification building facades.
Working alongside architects, the company designs bespoke high specification frontages and ‘outer skins’ for a range of commercial buildings using a variety of materials from glass and upvc to aluminium, steel and even clay.
The transaction was led by John Bryant of Cooper Parry Corporate Finance, who commented: “Façade is a unique business and will benefit tremendously from Roger's drive and leadership, it is now well positioned to take advantage of the excellent sectoral prospects in future. The previous owners felt it was time for them to step back and Roger saw the opportunity to develop the business even further.”
Mr Cochrane, who first joined the board to help drive strategic development, has seen Façade win a number of high profile contracts including most of the frontages to Birmingham’s Bull Ring and Southampton’s West Quay shopping centres and a major student accommodation complex in Portsmouth.
The company, which had a £16million turnover last year, is currently working on key projects for a major Premiership football club and a railway station. Mr Cochrane continued: “There is a phenomenal amount of work coming in and with further organisation and forward planning we want to lift the profile of the business and put it on a different plane.”
Legal advice was provided by David Tilly of leading East Midlands commercial law firm, Geldards. He said: “There is no doubt that this deal provides a massive new opportunity for the company. It has already developed an excellent reputation over recent years and the business has a clear ambition to become not only a market leader in the UK but also across Europe.”
John Land, Associate Director at Bank of Scotland, added: “Bank of Scotland were delighted to work with the management team to enable this transaction to complete. It is now well placed to continue to grow and take on the challenges of the construction sector.”
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