BGF invests £10m in Decora

The fresh capital will be put towards expansion into European markets, potential acquisitions and product development. The company has identified a number of acquisition targets, according to a statement.

The company has also hired John Davison as a new chairman.

Decora recently completed the acquisition of Domus Lumina, a Lithuanian-headquartered manufacturing partner.

Company
Based in Lisburn, Ireland, and founded in 1980, Decora manufactures window coverings and blinds. For 2018, the company reported £72.7m in revenues.

People
BGF – David Gammie (investor).
Decora – Stuart Dickson (CEO).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• BGF (Business Growth Fund)
• United Kingdom