Jeld-Wen has announced its seventh acquisition in the past two years, buying Mattiovi Oy, a leading Finnish manufacturer of interior doors and door frames.
Founded in 1911, Mattiovi supplies products to dealers and homebuilders in Finland and other countries in the region. Mattiovi was privately held by Taaleri Ovitehdas Ky, Taaleri Sijoitus Oy, and management. Terms of the acquisition were not disclosed.
“The acquisition of Mattiovi strengthens our market position in the Nordic region and enhances our unique pan-European strategy,” said Mark Beck, Jeld-Wen’s president and chief executive officer. “We welcome Mattiovi into the Jeld-Wen family and look forward to combining our joint product offerings and operational capabilities to better serve our broad and diverse customer base.”
Mattiovi is Jeld-Wen’s seventh acquisition in the last two years, and the second in Europe during that period.