Allied Glass invests millions in bid to conquer global markets

Date: 3 October 2011
Source: http://www.yorkshirepost.co.uk

Date: 3 October 2011

Allied Glass is investing millions of pounds in new machinery and staff as its new management team prepares to conquer new markets in Europe and further afield.

The Leeds-based business went through a secondary management buyout a year ago in a deal valuing the manufacturer at £75m.



Allied makes glass containers for the premium spirits industry and has customers including Diageo, Chivas and William Grant & Sons.



Alan Henderson, the 37-year-old managing director who led the buyout, sees diversification into Europe as “a key part of the growth” of the business, which is backed by the private equity arm of Barclays Bank.



In an interview with the Yorkshire Post, Mr Henderson said that Allied wants to win new work in France, Italy, Spain and Poland.



He said: “We are targeting key brands that we want to be associated with and know we can do a good job for.”



Read the full story: www.yorkshirepost.co.uk/business/business-news/allied_glass_invests_millions_in_bid_to_conquer_global_markets_1_3811744
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