The shareholders of DUO Industries S.A.S., owners of the CDH Group of companies, have completed the sale of 100% of the company’s shares to WernerCo Holdings France SAS.
The shareholders of DUO Industries S.A.S., owners of the CDH Group of companies, have completed the sale of 100% of the company’s shares to WernerCo Holdings France SAS.
Christophe Vinsonneau, CDH Group’s chief executive officer, said: “This deal results in CDH becoming part of WernerCo, a manufacturer and distributor of access and construction site products. CDH’s product portfolio and customer base provides a strong platform for future growth in the EMEA markets.”
William T. Allen, chairman of WernerCo, added: “Centaure, Duarib and Haemmerlin brands are widely recognised in Europe, North Africa, the Middle East and Russia. CDH’s access product range and Haemmerlin’s leading position in wheelbarrows fits well with WernerCo’s strategic development in these markets. This acquisition is a key component of our worldwide growth strategy and will benefit our customers by allowing us to offer a single integrated portfolio of construction site and access products.”
