Graphite invested in PTPG in 2009 as it believed that, while the building products sector would be adversely affected by the recession, this would create attractive consolidation opportunities.
PTPG had acquired Mumford & Wood, a manufacturer and distributor of high-quality timber windows and doors, in 2006. Our investment enabled it to acquire timberwindows.com, a fast-growing distributor of timber windows and doors through a national network of showrooms. The company now operates over 40 showrooms across the country, with more openings in the pipeline. Graphite also funded the acquisition of Dale, a timber window supplier to consumers and installers through the builders’ merchant channel.
Its three brands give the group a strong offering across all key distribution channels. Under Graphite’s ownership, significant investment has been made in manufacturing and distribution capabilities. PTPG remains well positioned for future growth both organically and through further acquisition.