200 jobs axed as glazing contractor crashes

Aaron Morby 1 year ago
Share

Rotherham-based glazing contractor Façade & Glazing Solution has been placed into administration just 18 months after the business was bought from French materials giant Saint-Gobain.

Chief executive Craig McGilvray hoped the contractor would break-even this year
Chief executive Craig McGilvray hoped the contractor would break-even this year

All 200 staff were told they had been made redundant by letter on Monday by administrators FRP.

One employee told the Enquirer: “We were all stunned by the news. It’s a pretty difficult time of year to be told you don’t have a job. Such sad news for all involved including subcontractors too.”

FSG has not published accounts since Saint-Gobain offloaded its Glassolutions Installation business to private investment firm CoBe Capital in August 2018.

Last year former Balfour Beatty gas and water operations boss, Craig McGilvray, was drafted in as chief executive of the independent commercial glazing contractor to grow the business.

Last summer McGilvray reported the business was on target to break-even in 2020 and achieve a turnover of £50m by December 2019.

He worked alongside Dirk Jaspers, director of operations Europe at CoBe Capital, who became managing director of FGS following the acquisition.

The façade team specialised in full vertical envelope solutions for projects between £1m-15m while the regional team provided a specialist design, installation and refurbishment service on projects between £30-750K in value.

Another employee added: “Sad day in view of the stunning buildings in our back catalogue from Kirkstall Forge in Leeds to the V&A Dundee. Amongst many others.”

FSG traces its history back 25 years starting out originally as part of Doulton Glass Industries before being bought by Solaglas in the early eighties to be then acquired in 1990 by Sant-Gobain.

Latest news

Green light for City of London office tower

Hong Kong developer bangs drum for future of offices in Square Mile
11 hours ago

Birmingham’s high-rise green vision for 2040

Futuristic images show how Birmingham could look under new masterplan proposals
12 mins ago

Morgan Sindall pushes 11,000 tonne tunnel: Video

155-metre curved concrete box tunnel pushed into place at 150cm per hour
1 hour ago

Taylor Woodrow starts on £100m recycling centre

Site team mobilises ahead of piling work starting in March
16 hours ago

B&K set for £125m Next mega-shed in Yorkshire

850,000 sq ft giant warehouse will be built in South Elmsall
1 hour ago

Homes England chief steps down

Nick Walkley to leave at the end of next month
23 hours ago

Falling prefab steel balcony kills worker

Court hears how 400kg steel structure fell during loading
20 hours ago

Galliford Try starts £23m Coventry student scheme

Latest university accommodation win in the city
22 hours ago

Sisk wins £260m Birmingham skyscraper

Moda picks Sisk for second major tower project in the city centre
2 days ago

First UK carbon neutral road improvement project

Innovative asphalt recycling generates 43% carbon reductions on first carbon neutral pavement scheme
1 day ago

ISG hires London fit-out veteran

Darran Brand joins Agility arm specialising in sub 50,000 sq ft projects
1 day ago

Kier bags £200m London road tunnels upkeep

Eight-year deal to maintain 10 tunnels and 106 pump stations
1 day ago

AECOM chief joins Kier as London building MD

David McKenzie to lead growth of London construction business
2 days ago

Brick and block sales continue to surge for Forterra

Products giant upgrades financial forecasts as performance exceeds expectations
1 day ago

Scaffolders take on 300 Government ‘kickstart’ youngsters

Fifty NASC contractors commit to industry work placement push
2 days ago
NASC

Plans in for £18m Newcastle hotel

8-storey Moxy hotel to be built next to St James' Park
1 day ago

£760m confirmed for East West Rail next stage

£34m released for plan to reopen Northumberland line from Newcastle to Ashington
2 days ago

Strong trading lifts hirer P Flannery revenue to £116m

Revenue soars to record high for fast-growing plant hirer
2 days ago

Site demand soars for Covid killing spray tunnels

Battersea Power Station site latest to install personal protection tunnels
2 days ago

CSCS skills cards go virtual

Workers can now hold cards on their mobile phones
2 days ago

GMI starts final £27m phase of Sheffield office complex

Developer Scarborough Group International commits to latest scheme
2 days ago

St Modwen starts on speculative logistics site

Developer starts demolition work on major Basingstoke site
2 days ago

Keep the industry updated by joining the Enquirer Directory

Membership lets construction know you are open for business as recovery gathers momentum
1 week ago

Over 50 jobs axed as steelwork contractor collapses

Conder Allslade placed in voluntary administration
5 days ago

Henry Construction wins London City Road tower

Work to start shortly on 22-storey red-brick skyscraper project
5 days ago

Galliford Try poaches HS2 civils contract boss

David Lowery joins as operations director, responsible for highways
5 days ago

BAM bags £29m Dartford high school

Work to start on Stone Lodge School in Kent
5 days ago

Go-ahead for 850-home west London TfL scheme

Bollo Lane trackside high rise residential scheme to be built in Acton
6 days ago

Sinkhole swallows homes on Manchester street

Collapsed sewer blamed for 10ft sinkhole
5 days ago

Bouygues to build latest Tower Hamlets resi block

Construction to start in March on 100 per cent affordable development
6 days ago

Contractor services