|Real-time Estimate - 09/29 12:18:37 pm|
HUNTER DOUGLAS : ACQUIRES 3 DAY BLINDS
|12/04/2019 | 02:23am|
Rotterdam, December 4, 2019 - Hunter Douglas, the world market leader in window coverings (Luxaflex®) and a major manufacturer of architectural products, has agreed to acquire 3 Day Blinds, a North American in-home seller and manufacturer of its own branded line of shades, blinds and draperies. 3 Day Blinds had 2018 sales of USD 205 million and around 1,200 employees. Terms were not disclosed.
3 Day Blinds is based in Irvine, CA, and will remain a standalone business unit under its existing management team.
Hunter Douglas has its Head Office in Rotterdam, the Netherlands, and a Management Office in Lucerne, Switzerland. The Group is comprised of 133 companies with 47 manufacturing and 86 assembly operations in more than 100 countries. Hunter Douglas employs about 24,000 people and had sales in 2018 of USD 3.6 billion.
The common shares of Hunter Douglas N.V. are traded on Amsterdam's Euronext and the Frankfurter Börse.
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Hunter Douglas NV published this content on 04 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2019 07:22:04 UTC
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