Intrinsic Equity has acquired Laidlaw Architectural Ironmongery and Balustrading Solutions out of administration, injecting £4 million to support the company's core operations and enhance its service offerings.

Information on the Target

Laidlaw Architectural Ironmongery and Balustrading Solutions, a division of the Laidlaw Interiors Group located in Willenhall, has been acquired following its administration. Historically recognized for over 140 years, Laidlaw specializes in providing high-quality ironmongery products and services to a wide-ranging national clientele. The company is particularly known for offering complex ironmongery solutions tailored to the Healthcare, Education, and Commercial sectors.

In 2015, Laidlaw reported a turnover of £20 million and a profit exceeding £0.5 million, employing 137 individuals across eight sites across the UK. Since the acquisition, all employees have transitioned to the newly established company, marking a significant step towards revitalizing the legacy of Laidlaw under new ownership.

Industry Overview in the UK

The ironmongery industry in the UK is characterized by a strong demand for high-quality hardware products across various sectors, including residential, commercial, and pu