UK
Ireland
Anglian Home Improvements completes transaction to acquire Everest 2020 assets
Anglian Home Improvements (trading as ASHI Group Ltd), the UK’s leading home improvement company, has today completed a transaction which sees it acquire the customer order book, brand and intellectual property, and certain other assets from Everest 2020 Limited (in administration).
Cameron Gunn, Chris Farrington and Lee Manning, Partners at ReSolve, were appointed joint administrators to Everest 2020 Limited (“Everest” or the “Company”) on 24 April 2024.
The transaction ensures that where possible Everest customers impacted by the Company’s insolvency will have the opportunity to have their home improvement projects carried out in full by Anglian Home Improvements.
Anglian Home Improvements manufactures a wide range of home improvement products at its factory in Norwich, and is responsible for the employment of circa 1,500 people across the UK. It has over 40,000 living space orders under warranty and 400,000 orders of windows and doors under warranty. These products are installed throughout Britain from the North of Scotland to Cornwall.
Anglian is proud to achieve the Made in Britain accreditation, which showcases the best in British manufacturing. As a company that has been manufacturing its own products for over half a century, Anglian is proud of its British heritage and is focused on raising the standard across the industry.
Since the announcement last week that Anglian had reached agreement with the joint administrators to take on the Everest 2020 order book, our customer service teams have been working hard to make contact with all customers impacted to review the status of their orders and where possible progress their project. Having been manufacturing and installing home improvements for around 60 years, we are looking forward to helping them transform their homes.
We are pleased to have completed the transaction with Anglian which will provide much needed certainty to customers over their home improvement projects. We will continue to provide support to the affected employees throughout this process.
A team comprising Chris Farrington, Lee Manning, Nadeem Sweiss, Andrew Lawrie and others at ReSolve were supported by Jeff Roberts and Andrew Titmas from Memery Crystal. Anglian Home Improvements were advised by Jatinder Bains, Malcolm Walton, Alex Green and Rosie Duckworth from Macfarlanes.
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Customers will not be requested to make payment for their windows prior to installation.
If you are unsure of who has contacted you, please cancel the phone-call and contact Anglian Home Improvements directly on 0800 876 6810 or by email. If you are unsure as to the validity of any correspondence you have received, please contact the administrators by email.
Please note in the event we experience a high volume of enquiries; it may not be possible to respond to your query immediately.
This article was originally published on ReSolve Advisory Limited. On 28 October 2024, ReSolve Advisory Limited joined S&W Partners LLP (formerly Evelyn Partners LLP). While considerable care was taken to ensure the information contained within this article was accurate and up to date at the time of publication, no warranty is given as to the accuracy or completeness of the information. No liability is accepted for any errors or omissions in such information or any action taken on the basis of this information.