Directors and staff at Avocet Hardware are celebrating the company’s remarkable turnaround – having gone from being a business on the brink to being named winner of the Hardware Company 2013 category in the very first National Fenestration Awards (NFAs) in less than two years.
The Brighouse company was bought out of administration by the Jain family in February 2012 and since then the focus has very firmly been on restoring Avocet’s standing as one of the leading names in the hardware industry.
And achieving this so quickly is a source of great pride for director, Dr Tinkle Jain: “We have a track record of buying and turning round troubled or ailing companies, but do tend to look at a two to three year timeframe for achieving this,” she said.
“To be in a position where we are being named the best Hardware Company in the industry in less than two years of ownership is a staggering achievement.”
During the rebuilding process, the Jain family has invested £10.6million across the entire business, most recently investing heavily in increasing stock levels to the highest level the company has ever add. A situation that means Avocet can now offer 24-hour delivery across its entire product range.
In addition, the company has made a series of important new appointments during recent months, and is in the process of further strengthening its team.
“This is an exciting time for Avocet and the National Fenestration Award clearly shows that our confidence in the future of the business is shared by the whole of the fenestration industry,” added Dr Jain.
The NFAs were created in order to give the industry an unbiased and fair platform to decide who they think truly deserves industry recognition and praise – for additional information visit www.fenestrationawards.co.uk.
For additional information on Avocet Hardware visit www.avocet-hardware.co.uk or call 01484 711700.