ROTTERDAM: Hunter Douglas, the world market leader in window coverings and a major manufacturer of architectural products, has completed the acquisition of 74% of Droma-Sunshade Experts, a highly regarded Polish assembler of made-to-measure exterior sunscreens, shutters and awnings, with a fast-growing sales presence in Western Europe. The founders of Droma-Sunshade Experts will remain minority shareholders,…
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3G Capital to acquire 75% stake in Hunter Douglas at €175/share
NEW YORK: Hunter Douglas and 3G Capital announced that Ralph Sonnenberg, the controlling shareholder of Hunter Douglas Group, has entered into a definitive agreement to transfer a controlling interest in the Company to 3G Capital based on a value of €175 per Ordinary Share. Hunter Douglas is the global market leader in window coverings and…