Inwido was not formed until 2004, but there are as many historical accounts within the Group as there are brands. The oldest brand of them all is the British Allan Brothers, which was established in 1811. The Swedish Lenhovda snickerifabrik was founded in 1924 in Småland, southern Sweden. The factory manufactured all types of building joinery, from windows and church pews to kitchen and garden furniture. Many of the other facilities that today form part of the Inwido Group developed in the same manner.
A first step towards streamlining
In 1954, Lenhovda snickerifabrik became specialized in wooden windows, and in the 1960s, the company – now called Myresjöfönster – became the first in Sweden to offer customers painted and pre-glazed windows. During a construction crisis in the 1990:s, Myresjöfönster merged with Elitfönster, another wooden window specialist. The new entity, Elitfönstergruppen, formed the basis for the current Inwido.
A corporate group is born
In December 2004, Ratos, a publicly listed Swedish company, acquired Elitfönstergruppen, which was the leading window manufacturer in Sweden at the time, and created the Inwido Group. With this as a starting point, Inwido began a period of growth based mainly on acquisitions.
Expansion through acquisitions
From 2005 to 2009, Inwido acquired approximately 30 companies, primarily in the Nordic region. The Group rapidly evolved from being the leading manufacturer of windows in Sweden to establishing a strong position in the markets for windows and doors also in Finland, Denmark and Norway.
Simultaneously with the expansion in the Nordic countries, Inwido also acquired companies in the United Kingdom, Poland and Ireland. These markets are traditionally dominated by PVC windows, but interest in wooden windows is growing. Today, Inwido has a portfolio of some 20 brands, production in seven countries and sales in over 15 markets. The most recent expansion took place in 2013, when Hemmafönster was established in Austria. In March 2014, Inwido took another important step within online sales, with the acquisition of the Danish businesses JNA Vinduer & Døre and SPAR Vinduer, which mainly sell windows and doors online.
A natural next step
On 26 September 2014, Inwido took the next natural step in its development. The company was listed at Nasdaq OMX Stockholm. With its extensive brand portfolio and smart, environmentally adapted products, Inwido has considerable potential in existing and new markets, while there is additional scope for streamlining within the organisation.
Read above, the story of Inwido - the young Group, with roots in traditional craftsmanship and over 200 of years of experience along with the exciting and broad variation that comes with over 20 different brands.