Hunter Douglas

Hunter Douglas N.V.
Type Public (Euronext:HDG)
Industry Window coverings
Architectural products
Founded Düsseldorf, Germany (1919)
Headquarters Rotterdam, The Netherlands
Key people Ralph Sonnenberg, Chairman & CEO
David H. Sonnenberg, Co-President & COO
Marko H. Sonnenberg, Co-President & COO
Christopher C. King, Vice President, General Counsel & Secretary
Leen Reijtenbagh, Vice President & CFO
Marvin B. Hopkins, President & CEO North American Operations
Aad Kuiper, President & CEO European Operations
G.C. Neoh, President & CEO Asian Operations
Renato Rocha, President & CEO Latin American Operations
Products See list of Hunter Douglas products
Revenue USD 2.45 Billion (2010)
Net income USD 154 Million (2010)
Employees 17,000 (2010)
Website www.hunterdouglasgroup.com

Hunter Douglas N.V. (Euronext:HDG) is a Dutch public corporation and major worldwide manufacturer of window coverings and architectural products. Hunter Douglas has its head office in Rotterdam, The Netherlands, and a management office in Lucerne, Switzerland. The company is composed of 167 companies with 68 manufacturing and 99 assembly plants and marketing organizations in more than 100 countries. Hunter Douglas employs about 17,000 people.

Contents

History

In 1919 Henry Sonnenberg founded a machine tool distribution and subsequently manufacturing company in Düsseldorf, Germany. In 1933 he moved to the Netherlands and established a machine tool operation. In 1940 he moved to the United States where he founded the Douglas Machinery Company.

In 1946 Henry Sonnenberg established a joint venture with Joe Hunter which developed new technology and equipment for the continuous casting and fabrication of aluminium. This led to the production of lightweight aluminium slats for Venetian Blinds.

Hunter Douglas, as we know it today, was born.

Hunter Douglas aluminium blinds quickly gained leadership in the American market. As innovative as the product was the business model for its distribution. Hunter Douglas developed a vast network of more than 1'000 independent fabricators in the United States and Canada. They sold blinds during the day and custom assembled them in their workrooms at night.

In 1956, policy differences let to the sale of the U.S. business. Henry Sonnenberg moved Hunter Douglas' headquarters to Montreal, Canada and, using the European machinery business as a base, concentrated on building the window covering business outside the United States. Hunter Douglas expanded its operations in Europe and into Australia and Latin America.

In 1969 the Hunter Douglas Group went public, and its shares were listed on the Montreal and Amsterdam Stock Exchanges. In 1971, Hunter Douglas' Group headquarters were moved to Rotterdam, The Netherlands, and Hunter Douglas N.V., became the worldwide Group parent Company. In 1976, Hunter Douglas reacquired its former U.S. business.

Hunter Douglas continued its global growth and expanded into Asia. The innovative spirit of the company let to the development of revolutionary new products to meet the increasing demand for fashion and functionality.

Locations

Hunter Douglas manufactures and markets its products worldwide.

Europe

Hunter Douglas' European subsidiaries employed 7046 people in 2010 and achieved sales of € 738 million. [1]

North America

Hunter Douglas' North American subsidiaries employed 6303 people in 2010 and achieved sales of USD 995 million. [2]

Latin America

Asia

Australia

The company's headquarters are in Rydlemere, Australia. In 2010 Hunter Douglas Australia had 405 employees and achieved net sales of USD 103 million. [5]

Notes

  1. ^ http://www.hunterdouglasgroup.com/content/acrobat/HD_Annual_Report_2010.pdf
  2. ^ http://www.hunterdouglasgroup.com/content/acrobat/HD_Annual_Report_2010.pdf
  3. ^ http://www.hunterdouglasgroup.com/content/acrobat/HD_Annual_Report_2010.pdf
  4. ^ http://www.hunterdouglasgroup.com/content/acrobat/HD_Annual_Report_2010.pdf
  5. ^ http://www.hunterdouglasgroup.com/content/acrobat/HD_Annual_Report_2010.pdf

External links