Hunter Douglas

Hunter Douglas N.V.
Public
Traded as Euronext: HDG
Industry Window coverings
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
Number of employees
 22,750
Website www.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

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

European subsidiaries employed 6509 people in 2016.[6]

South America

  • South American headquarters: Sao Paulo, Brazil. South American subsidiaries employed 1475 people in 2016.[6]

Asia

  • 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 1114 people in 2016.[6]

Australia

  • A 100%-owned subsidiary, Hunter Douglas Limited, was established in 1955. It has headquarters in Rydalmere, New South Wales, and in 2016 had 318 employees.[6]

References

  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. 1 2 3 4 "Financial Reporting" (PDF). Hunter Douglas. 2011. Retrieved March 23, 2013.
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