Announced
Completed
Financials
Sources
Tags
wood products
Cross Border
Friendly
Completed
Sweden
Private
Acquisition
Forestry
Single Bidder
Majority
Synopsis
Inwido, a wood-based window and door solutions supplier, completed the acquisition of Westcoast Windows, a windows, doors and sliding doors manufacturer, from Wasafönster, a retailer of wood and other building materials. Financial terms were not disclosed. "The acquisition of Westcoast Windows strengthens our position in Scandinavia. The company is already successful and has a well-known brand. We see great opportunities for continued good development of the company within Inwido, but also for synergies and in the long run possible production collaborations. The acquisition is a further step in achieving our long-term ambitious growth target," Henrik Hjalmarsson, Inwido President and CEO.
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