Safestyle sees clearer future after court deal with rival

A longstanding dispute between rival window and door makers has been settled by a non-compete agreement..

Shares in Safestyle UK, one of the country’s largest window and door manufacturers, jumped by more than a third yesterday after it reached a five-year settlement with its co-founder who established an aggressive rival last year.

Mitu Misra, who co-founded Safestyle in Bradford, West Yorkshire, in 1992 but left the business after its float in 2013, established a company that traded as Safeglaze UK. The competitor quickly stole market share from Safestyle, with both trading double glazing in the north of England.

Safestyle UK PLC (LON:SFE) have been manufacturing and installing affordable, high quality, energy efficient and secure windows and doors for homeowners across England and Wales for over 20 years.

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