Supriya Ghosh (Editor)

Hunter Douglas

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Traded as
  
Euronext: HDG

Headquarters
  
Rotterdam, Netherlands

Number of employees
  
16,000

Industry
  
Window coverings

Founded
  
1919, Düsseldorf, Germany

Type of business
  
Public

Key people
  
Ralph Sonnenberg, Chairman & CEO David H. Sonnenberg, Co-President & COO Marko H. Sonnenberg, Co-President & COO

Revenue
  
US$ 2.6 billion (2015) net_income = US$ 156 million (2015)

Website
  
www.hunterdouglasgroup.com

Managing director
  
Tony Politis (Hunter Douglas Australia)

CEO
  
David H. Sonnenberg (2015–), Marko H. Sonnenberg (2015–)

Profiles

Demonstrating the hunter douglas pirouette shade


Hunter Douglas N.V. is a Dutch multinational corporation. Its principal business is making window blinds and coverings. The company is publicly listed; the CEO, Ralph Sonnenberg, owns more than 80% of the stock and is estimated to have wealth of $ 2.6 billion, making him one of the richest men in the Netherlands. His sons David and Marko Sonnenberg also work for Hunter Douglas, as Co-Presidents and COOs.

Contents

The head office is in Rotterdam, the Netherlands, and a management office in Lucerne, Switzerland. The group consists of about 126 companies in more than 100 countries, and employs about 16,000 people.

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. For tax reasons, investors could select either common or preferred shares through 1990. The company operated in 75 countries at that time.

Europe

  • World Headquarters and EMEA Operations: Rotterdam, The Netherlands
  • Management Office: Lucerne, Switzerland
  • European subsidiaries employed 6091 people in 2015 and reported sales of € 821 million.

    South America

  • South American headquarters: Sao Paulo, Brazil. South American subsidiaries employed 1537 people in 2015 and reported sales of US$ 185 million.
  • 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 1199 people in 2015 and reported sales of US$ 170 million.
  • Australia

  • A 100%-owned subsidiary, Hunter Douglas Limited, was established in 1955. It has headquarters in Rydalmere, New South Wales, and in 2015 had 313 employees and reported net sales of US$ 83 million.
  • References

    Hunter Douglas Wikipedia