Deal Snapshot
JELD-WEN ACQUIRES AUSTRIAN STEEL DOOR MANUFACTURER DOMOFERM
Thursday 12 October 2017

North Carolina, US-based door and window manufacturers Jeld-Wen Holding, Inc. (NYSE: JELD) has agreed to acquire the Austria-based steel door manufacturer Domoferm Group from holding company Domoferm International GmbH to add approximately EUR 110m (USD 131m) in annualised revenue, the company said.

Terms of the acquisition were not disclosed. Jeld-Wen expects the transaction to close in mid to late 1Q18, subject to customary closing conditions. Jeld-Wen said Domoferm's capabilities in steel frames and doors expand the company's European product range, including certified door systems.


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Details
Date Published: 12/10/2017
Target: Domoferm Group
Country: Austria
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor: Domoferm International
Buyer: Jeld-Wen Holding
Comment:
Terms of the deal were not disclosed

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