Allied Glass is reportedly investing heavily in new machinery and staff as its new management team prepares to conquer new markets in Europe and worldwide. The company underwent a secondary management buyout (MBO) a year ago in a deal valuing the manufacturer at £75M. Allied manufactures glass containers for the premium spirits industry and has, among its customers, Diageo, Chivas and William Grant & Sons. Company MD Alan Henderson, who led the buyout, sees diversification into Europe as a key part of the growth of the business, which is backed by the private equity arm of Barclays Bank. In a recent interview, Mr Henderson said that Allied wants to win new work in France, Italy, Spain and Poland: "We are targeting key brands that we want to be associated with and know we can do a good job for."
