Anglian Home Improvements completes transaction to acquire Safestyle UK assets

Anglian Home Improvements completes transaction to acquire Safestyle UK assets

Anglian Home Improvements, 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 H.P.A.S Limited, previously trading as Safestyle UK.

Rick Harrison and Will Wright from Interpath Advisory were appointed joint administrators to H.P.A.S Limited, trading as Safestyle UK, Style Group Holdings Limited and Style Group UK Limited (together “the Group”) on 30 October 2023.

The transaction ensures that all Safestyle UK customers impacted by the Company’s insolvency 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.

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.

Peter Mottershead, executive chairman of Anglian Home Improvements, said: “Since the announcement last week that Anglian had reached agreement with the joint administrators to take on the Safestyle order book, our customer service teams have been working hard to make contact with all customers impacted to arrange for their orders to be installed. Having been manufacturing and installing home improvements for around 60 years, we are looking forward to helping them transform their homes.”

Rick Harrison, joint administrator of H.P.A.S Limited and managing director at Interpath Advisory, added: “We are pleased to have secured this transaction which not only provides certainty for customers, but which also represents a positive outcome for Safestyle UK’s creditors.”

A team comprising Rick Harrison, Sam Pacey, Tom Swiers and Louis Noblet at Interpath Advisory were supported by Barney Smedley and Victoria Procter at DLA. Anglian Home Improvements were advised by Malcolm Walton, Alex Green and Rosie Duckworth from Macfarlanes.