- Deceuninck -

Deceuninck: family shareholders support future growth options


Hooglede-Gits, 4 july 2005. – Group Deceuninck and its family shareholders confirm that the family shareholders have mandated ING last year to evaluate the strategic options following an approach by a financial investor as referred to in an article of the Belgian newspaper ‘De Standaard’ of 2 July 2005. The discussions did not lead to a concrete result. The family shareholders would like to point out that they were contacted on a regular basis in the past by different categories of potential shareholders. It is the shareholders and enterprise’s intrest always to bear in mind the long term development of the company. Hence that is why all strategic options, such as a potential capital increase, a capital reshuffle or a partnership are subject to an evaluation on a regular basis. Today a decision on this subject is not under consideration.

The Group experienced an important expansion over the last years, especially through external growth. After the acquisition of the German Thyssen Polymer in 2003 Deceuninck became a worldwide leader in the sector of PVC window systems and building profiles. The sector is currently characterized by a new consolidation wave. A further expansion therefore remains a possibility.

“As family shareholders we constantly evaluate all strategic options in order to safeguard the future of the company in the intrest of all stakeholders –staff, management, shareholders and customers”, says Arnold Deceuninck, Chairman of the Board of Directors.

Deceuninck is an integrated group of world format, specialised in compounding, tool fabrication, design, development, extrusion, finishing, gaskets, recycling and injection moulding of PVC-U systems and profiles for the building industry. The company is active in more than 60 countries, has 31 subsidiaries (production and/or sales) and is supported by 3043 personnel, 670 of them in Belgium. In 2004 the Deceuninck Group achieved consolidated sales of 582.1 million euros.


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Company Overview For

Deceuninck

Founded in 1937, Deceuninck is one of the world’s major PVC-U window and door systems companies. Deceuninck has been established for over 30 years in the UK, with production, distribution and head office in Calne, Wiltshire. It is in the top three in most major world markets, and is a leader in innovation, sustainability, colour and design.

Deceuninck products are premium brand, highly rated by homeowners for appearance and kerbside appeal. As a committed innovator, Deceuninck aims to make better quality, more energy efficient products to help its fabricator customers sell more at improved margins.

Deceuninck is known for its ‘pretty’ windows with inbuilt symmetry and clean sightlines. Its Heritage Window Collection helps fabricators and installers stand out in the market with a choice of beautiful Flush Sash, Chamfered and Sculptured windows and doors. The award-winning Heritage Flush Sash (G17 Product of the Year) replicates the look of traditional timber windows and complements all types of homes, from period cottages to modern townhouses. Deceuninck’s sliding patio door, Slider24, is the best in the market for energy efficiency, security, weather performance and 26 colourways from stock, of course. No other slider comes close.