Hunter Douglas

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Hunter Douglas N.V.
Public
Traded asEuronextHDG
IndustryWindow coverings
FoundedDüsseldorf, Germany (1919)
HeadquartersRotterdam, The Netherlands
Key people
Ralph Sonnenberg, Chairman & CEO
David H. Sonnenberg, Co-President & COO
Marko H. Sonnenberg, Co-President & COO
Number of employees
22,744
Websitewww.hunterdouglasgroup.com

Hunter Douglas N.V. is a Dutch multinational corporation. Its principal business is making window blinds and coverings.[1][2] The company is publicly listed; the CEO, Ralph Sonnenberg, owns more than 80% of the stock.

The head office is in Rotterdam, the Netherlands, and a management office in Lucerne, Switzerland.

History[edit]

The current corporate structure, Hunter Douglas N.V., was formed in the Netherlands Antilles in 1971 as a result of a restructuring of the previous Canadian entity, Hunter Douglas Ltd.[3][4] For tax reasons, investors could select either common or preferred shares through 1990. The company operated in 75 countries at that time.[5]

Europe[edit]

European subsidiaries employed 8066 people in 2017.[6]

South America[edit]

  • South American headquarters: Sao Paulo, Brazil. South American subsidiaries employed 1483 people in 2017.[6]

Asia[edit]

  • Asian headquarters: Shanghai, China, plants and sales offices in China, incl. special economic zone Hong Kong and Taiwan, Thailand, Singapore, India, Indonesia, Korea, Vietnam, Philippines, Japan. Asian subsidiaries employed 1390 people in 2017.[6]

Australia[edit]

  • A 100%-owned subsidiary, Hunter Douglas Limited, was established in 1955. It has headquarters in Rydalmere, New South Wales, and in 2017 had 327 employees.[6]

References[edit]

  1. ^ "Company News: Hunter Douglass to Purchase Comfortex". The New York Times. 26 June 1999. p. 3. Retrieved 23 March 2013.
  2. ^ Leib, Jeffrey (May 25, 1992). "Hunter Douglas keeps secrets in shade: Broomfield window-covering firm expects $350 million in sales in '92". Denver Post. Retrieved March 21, 2013.
  3. ^ Love, Johnathan (1977). Jane's Major Companies of Europe. London: Sampson Low, Marston & Company. pp. E–25. ISBN 9780531032640.
  4. ^ "Profile". Canadian Business. CB Media. 1972.
  5. ^ "Hunter Douglas to restructure". Montreal Gazette. Montreal. Retrieved March 21, 2013.
  6. ^ a b c d "Financial Reporting" (PDF). Hunter Douglas. 2011. Retrieved March 23, 2013.[permanent dead link]

External links[edit]