Epwin Group (AIM: EPWN) - the valuation looks modest and yield attractive, but….
The manufacturer of low maintenance building products (initially PVC-Uwindows) announced decent half year results for the six months to 30 June 2015. It was a reassuring update following travails at fellow ‘family’ (in the loose sense!) member entu plc.
Epwin is one of the oldest names in the plastic window market with its origins dating back to the 1970s and in its current form is now a vertically integrated manufacturer of extrusions, mouldings and fabricated low maintenance building products. Epwin was originally listed in the late 1980s and taken private in 1999. The Group is a substantial operation with numerous manufacturing facilities and two extrusion plants around the UK.
Selling Shareholders £83m exit on…
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