Rotterdam, 11 February 2010 – Hunter Douglas, the world market leader in window coverings, has agreed to acquire Hamstra, a Dutch manufacturer of insect screens.

Hamstra, with sales of EUR 11 million, is the leading developer and manufacturer of insect screens in the Netherlands. The company, which is based in Almere, employs around 50 employees.

The acquisition will strengthen Hunter Douglas' position in the Dutch market for insect screens.

"Hamstra has a longstanding reputation for having a high quality, comprehensive product line, and offers Hunter Douglas a very good base to further expand the business by combining R&D and export efforts, while improving marketing and distribution in Holland" says Aad Kuiper, President & CEO of Hunter Douglas' European Operations.

Hunter Douglas has its Head Office in Rotterdam, The Netherlands, and a Management Office in Luzern, Switzerland. The Hunter Douglas Group is composed of 162 companies operating in more than 100 countries. Hunter Douglas had sales in 2008 of USD 2.9 billion and employs about 17,000 employees.

The shares of Hunter Douglas N.V. are listed on the Euronext and the Deutsche Börse.

 

For further information: 

A. Kuiper                                                        L. Reijtenbagh
President & CEO                                         Vice President & Chief Financial Officer
European Operations                                 Hunter Douglas N.V.
Phone: +31.10.4869510                             Phone: +31.10.4869582
Fax:      +31.10.4869019                             Fax:      +31.10.4850355
E-mail: a.kuiper@hde.nl                            E-mail: l.reijtenbagh@hdnv.nl

Website : www.hunterdouglasgroup.com