Driving international earnings
Compared to most UK-quoted building materials plays, Tyman offers better exposure to growth in international markets especially North America. The acquisition of Giesse last year has coincided with a recovering European market also and, together with other acquisitions, is bringing increased commercial opportunities to the enlarged group. Success in converting them will surely attract a premium rating for the company.Tyman is the holding company of the Tyman group of companies, which is engaged as a supplier of engineered components to the door and window industry. Co. operates in three divisions: North American, which operates as AmesburyTruth, a manufacturer of window and door hardware components, extrusions and sealing systems; U.K. and Ireland, which operates as Era, a designer, developer, manufacturer and distributor of solutions for the residential building and home improvement markets; and Schlegel International, which comprises sealing and extrusion businesses outside North America, together with Giesse, Co.'s Italy-based manufacturer of hardware products for aluminum doors and windows.
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