Vardis is proud to support Sun European Partners and O&S Doors in the appointment of Charles Irving-Swift as CEO.
Prior to joining O & S Doors , Charles Irving-Swift was CEO, Armstrong Flooring Products EMEA.
Charles Irving-Swift was CEO of Armstrong Floor Products Europe, Middle East & Africa (EMEA) in Bietigheim, Germany. He led the turnaround of Armstrong's commercial flooring operations in EMEA with manufacturing plants in Germany and a pan-European sales organisation. Downsized the business from sales of €260m/ 1,400 employees/4 plants to sales of €160m/750 employees/2 plants to focus on higher margin, growth markets and reduce break-even point by 40%. Successfully steered company through insolvency after Armstrong withdrew financial support and facilitated the sale of the business to a Dutch private equity fund. He was also previously a Non Executive Director for Brammer Plc from 2010 to 2016.
Irving-Swift joined Armstrong in this role in 2010 after spending 30 years in the automotive components industry. During that time, he worked for Dana Corp. of Toledo, Ohio; Valeo S.A. of Paris, France; T&N plc of Manchester, UK; and TT electronics plc of Weybridge, UK. He has an INSEAD MBA and a Bachelor's Degree in Modern Languages from the University of Oxford.
Mark Mullen, Partner at Vardis, said "We were delighted to support O & S Doors. We wish them and Charles every success. Charles is an experienced Private Equity proven CEO with significant experience in similar markets."
Sun European Partners, LLP is the European adviser to U.S.-based Sun Capital Partners, Inc., a global private equity firm focused on identifying companies’ untapped potential and leveraging its deep operational and financial resources to transform results. Sun Capital is a trusted partner that is recognised for its investment and operational experience, including particular expertise in the consumer products and services, food and beverage, industrial, packaging, chemical, building products, automotive, restaurant and retail sectors.
U.S.-based Sun Capital Partners, Inc. targets companies with €50 million to €1.5 billion in sales and has a broad industry focus, with no particular industry excluded from consideration. Typically, investments by Sun Capital Partners, Inc. affiliates have leading market positions in their industry, long-term competitive advantages, and significant barriers to entry. Acquisition and investment candidates may include private businesses, divisions of larger entities, and publicly-traded companies.
Based in Northern Ireland, O&S Doors Ltd is the UK and Ireland’s largest manufacturer of kitchen and bedroom doors, panels and associated accessories. With a history that dates back over twenty years their growth over this period has seen them pioneer and adapt the most innovative production equipment and facilities in order to supply an ever growing demand. Their customers come from all sectors of the fitted and freestanding furniture industry.