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UNQUOTE
  • Nordics

Ratos-backed Inwido acquires Pro Tec Vinduer

  • Viktor Lundvall
  • 03 May 2011
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Ratosт€™ portfolio company Inwido has acquired Danish window supplier Pro Tec Vinduer.

Although the value of the deal has not been disclosed, the transaction has been wholly financed by Inwido's balance sheet. The acquisition strengthens Inwido's position in the Danish market.

Pro Tec Vinduer was founded in 1993 and produces and sells windows and doors for the Danish and English markets. The company employs 140 people and generated a turnover of DKK 170m in 2010.

Ratos acquired Inwido in 2004. The company is a window and door exterior manufacturer. In 2010, the company generated a turnover of SEK 5.149bn and EBITA of SEK 446m. Headquartered in Malmö, Inwido employs approximately 3,750 people.

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