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Burnley-based Veka Group has acquired German competitor GEALAN Holding GmbH. All European Monopolies and Mergers authorities involved in this process have approved of the takeover.
The family-owned VEKA Group is one of the world’s leading producers of PVC-U profile systems for windows, doors and roller shutters.
Internationally, more than 2,200 specialised companies use Veka systems to create top-quality PVC-U structural elements. With its takeover of Gealan from financial investor Halder, the group will be increasing its staff once again, by 1,150 employees, and its total annual turnover will reach more than €1bn.
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