"The deal brings together an enviable amount of industry knowledge in a way that will enable these businesses to continue to develop and grow for the long term."
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It was founded by Mr Rawson in 1976 and floated on the Stock Exchange in 1987, before being brought back into private ownership in 2000.
Window manufacturer Latium Holdings, which is owned by businessman Brian Kennedy, has merged with The Epwin Group in a deal that creates a 275m turnover business with 2,500 staff.
Mr Kennedy previously owned Stockport County football club through his company Cheshire Sports and bought Sale Sharks in 1999.
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Rob Irvine, editor, Manchester Evening News, Mitchell Henry House, Hollinwood Avenue, Chadderton, Oldham OL9 8EP.
"The business groupings complement each other on many levels and the merger creates huge opportunities for our customers, staff and suppliers to benefit from the further development of a broad based stable and financially secure group."
Wilmslow based Latium's companies were acquired, in part, from Heywood Williams in 2005. Brands include Spectus, Kestrel BCE and CET.
The new group, called Epwin Holdings, is jointly owned by Mr Kennedy and Jim Rawson, chairman of the Epwin Group.
Latium Holdings merges with The Epwin Group
development, and will give Latium businesses access to PVC recycling technology developed by the Epwin Group.
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Greater Manchester Business Week is the region's number one provider of business news andfeatures, targeting a bespoke business audience with 12,687 copies every Thursday.
The Cheltenham based Epwin Group is a manufacturer and supplier of building products to the commercial, new build, Air Force 1 Low Top
retail and trade sectors, including windows, doors and conservatories.
Mr Rawson said: "This represents a tremendous opportunity.
The group includes more than 30 businesses with a combined turnover of 180m and almost 2,000 staff.
Funding for the deal was provided by Barclays Corporate.
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