Inwido’s acquisition of the e-commerce Group Bedst & Billigst completed
April 4, 2018
Inwido, Europe’s largest supplier of windows and one of the leading door suppliers, has now completed the acquisition of one of the strongest e-commerce players in the Nordic market – Bedst & Billigst Group, earlier communicated in a press release on October 9, 2017.
The company Bedst & Billigst was one of the first movers in the Business-to-Consumer e-commerce market in Denmark. Today the group owns and drives web-shops in Denmark, Norway and Sweden. The group has production facilities in Romania and Denmark. With this acquisition, Inwido continues to expand its position on the e-commerce market of windows and doors in Europe.
Inwido acquires 100 percent of the shares. The acquisition will be a minor part of the Inwido Group and will have a positive effect on Inwido's earnings per share 2018. The purchase price is financed by a new bank loan.
The Bedst & Billigst Group was founded in 2002, and today it consists of 4 brands, 100 employees and a turnover of SEK 135 million in 2017.
