The family-run Hörmann Group has announced a further acquisition: With the purchase of the Schlotterer Rollcom Group, headquartered in Bodelshausen near Tübingen, Hörmann is expanding its activities in the area of exterior sun protection. After door manufacturer Hörmann expanded its product range with roller shutters, sun protection and insect protection in 2013 with the acquisition of the Upper Franconian company Alukon, Hörmann is now taking over all shares from the previous owners of Schlotterer Rollcom.
“We view this purchase as a consistent further development of our exterior sun protection business. The acquisition of the Schlotterer Group allows us to strengthen our market position”, says Martin J. Hörmann.
| Industry: | Industry |
| Assignment: | Buyside |
