Following the appointment of Ken Pattullo and Jamie Taylor of Begbies Traynor as joint administrators of Livingston-headquartered Evoframes on 17h January 2024, a sale of the business and assets has been completed, saving all 76 jobs.
Established in 2020, Evoframes is a major supplier of fenestration products to trade customers across Scotland, including trade counters, builders, joiners and window fitters. Offering a wide range of bespoke uPVC windows and doors, it also has its own dedicated fleet of trucks delivering direct from its factory to the customer.
Unfortunately, the company suffered from rising interest rates, together with reduced customer demand and increasing raw material costs, resulting in it becoming unviable.
Following an accelerated M&A process to find a buyer for the business, a pre-packaged sale to Rooms & Views took place, with the deal saving all 76 jobs at the Livingston factory. Based in Buckley, North Wales, the buyer is a long-established UK uPVC window manufacturer.
Ken Pattullo, managing partner at Begbies Traynor in Scotland, said: “Unfortunately, like many businesses, Evoframes was severely impacted by higher interest rates as well as increasing costs over the last year. We are pleased to have completed a sale which sees the business continuing in the hands of new, but experienced owners and providing a more secure future for the 76-strong workforce.”
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