Ratos-backed Inwido acquires Pro Tec Vinduer
Ratos’ 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.
More on Nordics
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater
Trind VC plans up to five early-stage investments in next six months
VC has deployed around 10% of its second, EUR 55m fund and plans to invest in up to 40 startups
Letter from the editor: Unquote is moving to Mergermarket
Unquote Editor Harriet Matthews outlines Unquote.com's upcoming move to the Mergermarket platform and the new capabilities and intelligence that this brings to Unquote readers
Main Capital’s Assessio to be sold to Pollen Street
Recruitment software company tripled in revenue under Main Capital’s ownership
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater