PRESS RELEASE
20 JANUARY 2020
The Norwegian based window and door corporation «NorDan Gruppen» acquires 70% of the shares in the Danish window manufacturer STM Vinduer AS.
The acquisition effective date is 17 January 2020 and marks an important milestone, where NorDan returns to Denmark nearly 95 years after the company’s Danish founder originally moved to Norway and established the window and door manufacturer in 1926.
The agreement states that the remaining 30% of shares are kept by STM Vinduer’s previous majority shareholder Henning Eriksen’s children: Henrik, Jesper and Charlotte Eriksen.
Read the press Release here