Hunter Douglas acquires Century Blinds, U.S.A.
Hunter Douglas acquires Century Blinds, U.S.A.
Rotterdam, February 15, 2005 - Hunter Douglas, the world market leader in window coverings has, through its Turnils' affiliate, acquired Century Blinds, a Southern California based fabricator of window coverings and interior shutter products. Terms were not disclosed.
In 2004, Century Blinds had sales of USD 32 million and has 350 employees. The Company distributes its products primarily in Southwest USA. Operations and Management will remain unchanged.
The acquisition further solidifies Turnils' distribution in the private label segment of the U.S. window covering market.
Hunter Douglas has its Head Office in Rotterdam, the Netherlands and a management office in Lucerne, Switzerland. The Hunter Douglas group is comprised of 160 companies with 64 factories, 96 assembly operations and marketing organizations in more than 100 countries. Hunter Douglas has approximately 16,000 employees and had sales in 2003 of EUR 1,655 million.
The shares of Hunter Douglas N.V. are traded on the Dutch and German Stock Exchanges.
In 2004, Century Blinds had sales of USD 32 million and has 350 employees. The Company distributes its products primarily in Southwest USA. Operations and Management will remain unchanged.
The acquisition further solidifies Turnils' distribution in the private label segment of the U.S. window covering market.
Hunter Douglas has its Head Office in Rotterdam, the Netherlands and a management office in Lucerne, Switzerland. The Hunter Douglas group is comprised of 160 companies with 64 factories, 96 assembly operations and marketing organizations in more than 100 countries. Hunter Douglas has approximately 16,000 employees and had sales in 2003 of EUR 1,655 million.
The shares of Hunter Douglas N.V. are traded on the Dutch and German Stock Exchanges.
