200 jobs axed as glazing contractor crashes

Aaron Morby 5 years 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

McLaren to build 2,400-bed worker campus at Sizewell C

Worker camp to raise the bar on site accommodation standards
8 minutes ago

Soaring costs and work drought sunk historic scaffolding firm

Rodells had been in business since 1898
11 minutes ago

Clarion set to tender £79m Kirkstall Road Phase 2

Bidding to start for Dyecoats blocks 1 and 3 after Graham bagged phase 1
53 minutes ago

TfL seeks firms for £700m civils and station framework

Works include £80m South Kensington and £60m Elephant & Castle station upgrades
1 hour ago

Early market talks on £2.5bn Yorkshire mass transit plan

Supplier talks open for West Yorkshire’s biggest ever transport scheme
15 minutes ago

Robertson starts Redcar town centre revamp

Culture and Leisure Anchor Attraction will enhance Redcar’s Esplanade
41 minutes ago

Alun Griffiths set to rescue firm he sold for £36m

Tarmac to hand back Welsh civils contractor after five years of losses
3 days ago

Landsec to pump £2bn into new house building drive

Developer to build 6,000 homes as it sells offices to fund new schemes
3 days ago

Severfield to start steel on McAlpine car battery site

Specialist to start on £4bn site next month after steel package signed-off
3 days ago

Construction Manager of the Year crowned

Jason Hunt of Willmott Dixon wins for work on Bristol concert hall
3 days ago

Tide gets go-ahead for over 1,000-home London scheme

Volumetric expert gains planning for co-living homes scheme in Southwark
4 days ago

Vital Energi lands £250m Gatwick decarbonisation deal

Five-year programme to switch airport away from gas heating
3 days ago

Construction output flickers into life in March

First quarter activity flatlines after slow start to year
4 days ago

Skanska lifts margin to 4.3% as profit hits £78m

Infrastructure and FM drive near-tripling of profits
4 days ago

Mayor backs 46-storey student tower at Canary Wharf

City Hall overturns Tower Hamlets council rejection of 912-bed scheme
4 days ago

Plans go in for 100 acre Port of Tilbury expansion

Construction could start next year on site the size of 70 football pitches
4 days ago

Inland Homes creditors face £38m hit

Administrator confirms no cash for supply chain
5 days ago

Durkan dogged by legacy jobs despite return to trading profit

Durkan scales down new homes contracting to focus on retrofit work
5 days ago

Munnelly founder hands over CEO role to son

Paul David Munnelly steps up to CEO as father becomes chairman
4 days ago

Barking build to rent towers face rebuild

Major remedial work needed on resi scheme built by Shapoorji Pallonji UK Ltd
5 days ago

London new home starts plunge 38% as Building Safety Act bites

Capital only region to see Q1 fall in NHBC new home registrations
6 days ago

Sureserve swoops for rival compliance outfit Kinovo in £56m deal

Recommended cash offer will take AIM listed contractor private
5 days ago

Crown Golf tees up £1bn plan to build 3,000 homes on course land

Major housing plan for spare land on eight UK courses
5 days ago

Green light for Peterborough Station Quarter £48m revamp

First phase to start before the end of the year
5 days ago

Morgan Sindall starts £38m Caerphilly leisure hub

New swimming pool and health suite forms part of town regeneration plan
5 days ago

145 firms win places on £800m building safety framework

Fusion21 confirms latest winners: Full list
6 days ago

Higgins Homes and site workers face manslaughter charges

Contractor and four site staff charged after woman killed by falling pallet of bricks
7 days ago

Operator spots cracked mast on Hinkley tower crane

Hinkley Point C contractor hit with safety notice over failed mast pin and cracks
6 days ago

Countdown starts for £1bn Birmingham highways bid race

Council will break-up mega framework into five lots
6 days ago

Acciona wins £400m Thames waterworks upgrade

Lea Valley Coppermills water treatment works to get full overhaul
6 days ago

Contractor services