Menu
PlasticsMVP
  • Home
  • News
  • Jobs
  • Network
    • AerospaceMVP
    • AutomotiveMVP
    • ChemicalsMVP
    • ElectronicsMVP
    • ManufacturingMVP
Close Menu

Hunter Douglas to Acquire Hillarys

Plastics, Press Releases HunterDouglas

Rotterdam, May 11, 2017 – Hunter Douglas, a major manufacturer of window coverings (Luxaflex™) and architectural products, has agreed to acquire Hillarys, a UK retailer of blinds, curtains and carpets with significant expertise in in-home sales, from Ares Capital Corporation, for a purchase price of GBP 300 million. Hillarys had 2016 sales of GBP 185 million and employs around 1,300 people.

The acquisition adds a strong brand and value offer for a wide customer base to Hunter Douglas in the UK.

Hillarys will remain a standalone business and management will remain unchanged.

The Investment Portfolio is being phased out to fund part of this acquisition.

Hunter Douglas has its Head Office in Rotterdam, the Netherlands, and a Management Office in Lucerne, Switzerland. The Hunter Douglas Group is comprised of 130 companies with 50 manufacturing and 80 assembly operations in more than 100 countries. Hunter Douglas employs about 21,000 people and had sales in 2016 of USD 2.821 billion.

The common shares of Hunter Douglas N.V. are traded on Amsterdam’s Euronext and the Deutsche Börse.

SOURCE: Hunter Douglas

Related Posts

Plastics, Press Releases

Hunter Douglas Has Acquired 49% of Blaze, Vietnam

Plastics, Press Releases

Hunter Douglas Has Finalized the Acquisition of Levolor

Plastics, Press Releases

Hunter Douglas Has Acquired 60% of Blinds 2Go, UK

News & Views

  • Sherwin-Williams Receives Regulatory Approval to Complete Its Acquisition of Valspar Expected to Close on June 1, 2017
  • Huntsman and Clariant to Combine in Merger of Equals
  • Americans Say They’re Ready for More Vibrant Colors, but Many May Still Play it Safe with Neutrals
  • Hunter Douglas to Acquire Hillarys
  • Sherwin-Williams’ Bob Murphy Wins SSPC John D. Keane Award of Merit
Back To Top
PlasticsMVP
Copyright © ManufacturingMVP.com
All Rights Reserved!