ARX Equity Partners (“ARX”) acquires a majority shareholding in DOORS d.o.o., a Slovenian manufacturer of premium residential front entry doors (“DOORS” or the “Company”). The financial terms of the transaction were not disclosed.
DOORS was founded in 2002 and since then has established its position as a fast growing premium front entry doors manufacturer, primarily serving the residential segment within the DACH region. DOORS produces several design lines based on natural and sustainable wood production and combinations of wood and aluminium. The Company’s customers consist of window manufacturers, wholesalers and specialised retailers in target markets of Austria, Germany, Switzerland and local Slovenia.
Following the acquisition, the two founders of the Company will retain significant minority stake in DOORS and will continue to drive the further growth and development of the business. The strategic focus of DOORS shall remain on premium quality product timely delivery to its customers, as well as organic growth supported by an extension of the existing production facility.