Broadview completed the acquisition of Direct Online Services from Business Growth Fund.

HAL Investments-backed Broadview, a holding company, completed the acquisition of Direct Online Services, a multi-channel e-commerce retailer that provides kitchen components, from Business Growth Fund, an investment company. Financial terms were not disclosed. With this acquisition, Broadview aims to expand its position in the value chain of surface materials. Key goals are continued development of the positions of DOS in the United Kingdom and Germany as well as expansion into other markets. With access to innovative and premium products of its new sister companies, DOS is expected to benefit significantly from the new cooperation. In line with Broadview’s business approach, DOS will continue to operate independently and Broadview plans to work with the existing management going forward.