Press release
Regulated information - Inside information
Tuesday March 11th 2025 at 07.30 AM CET
Deceuninck expands its position in aluminum window systems in
Europe
Deceuninck Group announces that it has completed the acquisition of the remaining 50% of the shares in the joint-venture with So Easy Holding BV, with the result that So Easy - Decalu is now 100% owned by the Group.
Taking full ownership fits within the ambitions and strategy of Deceuninck to include aluminum profiles in our window solutions offering. The intention of Deceuninck with this transaction is to further accelerate the growth of its European business by fully leveraging on the existing distribution network and brand name.
The Group welcomes the Decalu team and will continue the collaboration with Peter Blijweert. Decalu currently realizes an annual turnover of € 16,4 million and operates from a state-of-the-art production and R&D facility in Poland.
The transaction was made possible in part by the fact that Mr. Blijweert and AluK in parallel reached a settlement on all their pending disputes.
Stefaan Haspeslagh, CEO: "We are pleased to announce the acquisition of the remaining share in our So Easy joint venture. Within Decalu, we have developed a strong aluminum based product offering which is complementary to our Elegant PVC product range. This investment allows us to become a multi-material window solutions provider."
End of press release
About Deceuninck
Founded in 1937, Deceuninck is a top 3 independent designer and manufacturer of PVC and composite profiles for windows and doors. Headquartered in Hooglede-Gits (BE), Deceuninck is organized in 3 geographical segments: Europe, North America and Türkiye & Emerging Markets. Deceuninck operates 14 vertically integrated manufacturing facilities, which together with our sales and distribution facilities guarantee the necessary service and response time to Customers. Deceuninck strongly focuses on innovation, sustainability and reliability. Deceuninck is listed on Euronext Brussels ("DECB").
Contact Deceuninck: Hannes Debecker • T +32 51 239 587 • Investor.Relations@deceuninck.com
www.deceuninck.com