Brief: Inwido to buy Danish Outrup Vinduer & Døre
15/03/2016 07:45
March 15 (Reuters) -
* Inwido says signed an agreement to acquire 25 percent of
shares in danish window company Outrup Vinduer & Døre
* Inwido says acquisition strengthens Inwido's position in
danish market and is expected to generate significant
opportunities for expansion and synergies with inwido's existing
operations
* Inwido signs agreement to acquire outrup vinduer & døre in
denmark as part of a changeover between generations
* Inwido says parties have also agreed that remaining shares
will be acquired in early 2018 (65%) and 2019 (10%)
* Outrup has approximately 150 employees and in 2015, sales
amounted to approximately DKK 180 million
Source text for Eikon: ID:nWkrcn4488
Further company coverage: INWI.ST