Spectus Window Systems
PRESS
RELEASE
Spectus News
    New Owners and New MD for Spectus
05/10/2005
     
    Spectus Window Systems have been returned to private ownership.
They are now part of the Latium Group, one of the most dynamic and
forward thinking organisations currently working in the UK window industry.
   

The company also has a new Managing
Director, Peter Abbott, who has extensive
industry experience. Peter teamed up with
Latium earlier in 2005. At that time Spectus
was a prime target for acquisition and he is
delighted the company is now part of the Group.

He says, "Spectus is now an independent
company with the flexibility that private
ownership brings. As things unfold the
determination of the company to lead
and shape the market will impress our
customers and competitors alike.
And, being UK based and owned underlines
our 100% commitment to the UK market."

Peter goes on to say "Having worked in the

New spectus Managing Director, Peter Abbott
   

industry for over 25 years I understand the power of the Spectus brand and of the
Spectus product range. We will be adding to that range over the coming months
and early next year we will launch a bevelled version of the industry leading Elite 70
system. Investment in Spectus' product range has been considerable and we will
continue to offer the most up to date, value for money products of any systems
company."

"In 2006 Spectus will be 25 years old. Accordingly we will be celebrating all the
things that have kept Spectus at the forefront of the industry for so many years,
namely innovation, quality and service. I see it as part of my job to encourage
everybody in the company to concentrate on those basic strengths. They have
joined a Group that includes companies that manufacture products complimentary
to those of Spectus. This will bring new strengths and where opportunities for
profitable business exist they will be rigorously exploited.

"The team I have joined at Spectus are a group of experienced industry professionals
who share my determination to grow the business in all sectors. Like me, they're
keen to build rewarding partnerships and will be working hard to strengthen
relationships with new and existing customers.

"It is certainly a very exciting time for Spectus as the potential within the company
is about to be realised. I look forward to a very successful and profitable future
for ourselves and our fabricator partners."