StellaGroup Acquires SWS UK

2 years ago

The French leader in sun protection and closure system market, StellaGroup, has announced their acquisition of CRH’s Shutters & Awnings (S&A) platform, which includes SWS UK.

Backed by PAI Partners, StellaGroup announced the acquisition back in April. This will enable StellaGroup to transition to become one of the main players in Europe.

CRH’s Shutters & Awnings platform, that SWS UK has been a part of for the past decade, is one of the largest producers of shutters, awnings and garage doors in Western Europe.

Didier Simon, CEO of StellaGroup, commented: “This is a truly transformational acquisition for StellaGroup as we significantly expand outside France for the very first time. We are very excited to be positioning ourselves as a European leader in the sector and look forward to working with CRH S&A’s management team.”

The acquisition is due to complete in Summer 2019 and will place SWS UK in a group that is purely focused on shutters, awnings, and other closure systems.

This will allow the companies within the group to continue to work together on continuous innovation and opportunities.

Brands within the group include SWS UK, Alulux, AVZ and Erhardt Markisen.

Managing Director of SWS UK, Kevin Lindeque, said: “Joining StellaGroup is a very exciting opportunity for us as a business and we are looking forward to what it will mean for product development.

“We have been a part of CRH’s S&A group for around a decade and have found many opportunities arise from this relationship.

“By continuing to work with others that have also been acquired by StellaGroup means that we can sustain communication to share our expertise and support each other in continuous innovation and growth to bring more products to the market for our distributors.”

Established in 1985, SWS UK is a leading manufacturer of roller garage doors, under their SeceuroGlide brand, and has one of the most comprehensive ranges of security products in the UK.