Mutares subsidiary Donges Group continues to expand: Integration of Norsilk to further enhance product offering and sales network
- Donges Group integrates wood product supplier Norsilk
- Complementing product offering and sales network of both companies
- Further growth in French, Spanish and European countries expected
Munich/Darmstadt, June 28, 2019 – Donges Group, an investment platform of Mutares AG (ISIN: DE000A2NB650), has successfully completed the integration of investment platform Norsilk SAS. By integrating the previous standalone platform, Donges aims at further growth in the French market and cross-leveraging on existing sales channels in Europe. Norsilk will be positioned in the Donges Business Segment of high-quality façade and accessories products.
Norsilk is one of the major French players in the production and treatment of high-quality Northern wood. With 40 years of experience, the company with headquarter in Boulleville has a strong reputation for Nordic wood processing. Its product portfolio comprises a broad range of wood products for cladding, panelling and structure solutions.
By integrating Norsilk into Donges Group, its positioning especially in the French and Spanish market will provide sales and sourcing synergies to complement and diversify the roof and façade solutions offering within Donges Group.
After the integration of Norsilk, Donges Group is one of the leading European construction and engineering companies specializing in the design and manufacture of building structures including building envelope solutions based on steel, aluminium, polymer membranes and now timber. The Group with headquarter in Darmstadt (Germany) operates worldwide having nine manufacturing sites, employing more than 900 people in 12 countries and generating annual revenues of EUR 280 million.