Inwido We Trust – Dekko Sells Majority Share

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Fabricator Dekko Window Systems has sold a majority stake to European window group Inwido, securing continued development and expansion of the business. Inwido now owns a 70% share of the company says the firm's Kurt Greatex. 

Inwido now controls 29 business units across 11 countries.

 “The acquisition is very exciting news for Dekko – Inwido only invest in the best companies. Their financial backing will allow us to invest in new products, increase production and drive the business forward.”

– Kurt Greatrex 

Sales director, Dekko

Business as usual

“For Dekko, it will be business as usual – our existing shareholders will retain a 30% share in the company and there will be no major changes to the management or wider team,” continues Dekko’s Greatex. “Our managing director Gary Torr will remain at the helm.”

Growth

Inwido employs around 4,600 employees across Sweden, Denmark, Finland, Norway, Romania, Estonia, Ireland, Lithuania, Poland, and the UK. The company has its base in Based in Malmö, Sweden.

“Achieving sales of £607 million in 2021, Inwido’s business concept is to develop and sell the market’s best window and door solutions through a decentralised management structure. This fits very well with Dekko,” says Dekko Managing Director Gary Torr. “We feel confident that this will be a good match. By boosting our business with Inwido’s backing, we see promising opportunities to accelerate our own development and continue to win market shares in the UK market.

“We’d like to take this opportunity to say a huge thank you to our staff, customers, suppliers and stakeholders for their continued support, and with this recent acquisition, we look forward to a bright future.”

Picture: Dekko's Kurt Greatex

www.dekkowindows.com

www.inwido.com

Article written by Cathryn Ellis
11th March 2022

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