Announced

3G Capital to acquire a 75% stake in Hunter Douglas for €5.3bn.

Synopsis

3G Capital, a global investment firm and private partnership, agreed to acquire a 75% stake in Hunter Douglas, a provider of window coverings and a major manufacturer of architectural products, for €5.3bn ($6bn). "3G Capital has deep respect for Hunter Douglas, its diverse portfolio of brands and the steadfast leadership of the Sonnenberg family over three generations. We are honored to be partnering with the Sonnenberg family and to work with Hunter Douglas' management team on the company's next phase of global expansion," Daniel Schwartz and Alex Behring, 3G Capital Co-Managing Partners.

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