JELD-WEN Acquires Dooria AS
By Business Wire News
By Business Wire News
JELD-WEN, the world’s largest manufacturer of windows and doors, announced today that it has acquired Dooria AS (“Dooria”), one of the largest manufacturers of wooden doors in the Nordics, and a leading provider of residential and commercial doors in the Swedish and Norwegian markets. Terms of the acquisition were not disclosed.
Dooria, headquartered in Oslo, Norway, has three door manufacturing locations in Sweden and employs approximately 200 people. The company offers a complete range of doors, including interior, exterior and specialty rated doors, in a wide variety of styles. The 68-year-old company, known for its high quality and innovative door designs and options, will become part of JELD-WEN’s North European business unit, which has 17 sales and production units in seven countries. The acquisition adds to the more than one billion in USD business that JELD-WEN has in Europe today.
“This acquisition is aligned with our mission to grow and expand our door and window manufacturing capabilities in Europe,” said Kirk Hachigian, JELD-WEN president and chief executive officer. “We welcome Dooria into the JELD-WEN family and look forward to leveraging our combined operations to strengthen our commitment to customers in the Scandinavian region.”
JELD-WEN — a leading global manufacturer of windows, doors, and treated composite trim and panels — operates in more than 20 countries with $3.5 billion in revenues; half of which comes from outside the United States. The company provides products that enhance the beauty and functionality of homes and commercial buildings. JELD-WEN’s full breadth of products has earned numerous awards and endorsements for dependability, innovation and excellence. With a strong commitment to sustainability, JELD-WEN is a recognized leader in manufacturing energy efficient products — providing solutions that deliver exceptional value for builders, architects and homeowners around the world. For more information, visit www.jeld-wen.com.
CMD on behalf of JELD-WEN (U.S.)
Darcie Meihoff, 503-488-4252