BGF invests £10m in Decora
BGF has made a £10m investment in window blinds maker 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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