|
Hunter
Douglas Acquires NBK Ceramic
Hunter
Douglas, the specialist in window coverings and a major manufacturer of
architectural products worldwide, has agreed to acquire NBK Ceramic.
Headquartered in Emmerich, Germany, NBK is a designer and manufacturer
of large format terracotta facades, with a longstanding reputation for
excellence in Europe.
NBK employs approximately 85 people and has projected sales in 2007 of
USD 22 million. The company will continue to operate independently under
its current management.
Aad Kuiper, managing director of Hunter Douglas Europe, said: The
acquisition of NBK strengthens our position in custom facades. NBK's terracotta
facades are highly complementary with our current range of metal facades
and sun-control products. NBK will add the warmth, flexibility, and durability
of custom terracotta panels to that offering.
Hunter Douglas has a long history of developing ventilated facades,
added Hubertus Foyer, NBK's founder and CEO. In joining the Hunter
Douglas Group, NBK will strengthen the worldwide distribution of our products.
Hunter Douglas plans to build additional NBK production facilities in
Portugal, Asia, and Latin America in 2008.
Web: http://www.hunterdouglascontract.com
|