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Announced

Hunter Douglas sold its Metal Trading business to George Ribet.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

metal trading

Capital Goods

Acquisition

Friendly

United States

Private

Single Bidder

Synopsis

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Hunter Douglas, the world market leader in window coverings and a major manufacturer of architectural products, sold its Metal Trading business to a Management Group under the leadership of its long-time President George Ribet. Financial terms were not disclosed. The business had 2018 sales of $640m which were not consolidated with Hunter Douglas' sales and has 35 employees. The business will be continued unchanged.

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