Divestment of GORI

Gori
Transaction:
Divestments
Date:
Apr 2009
Deal Value:
EUR 12 million (EV)
Process:
Private auction
Industry:
Manufacturing

Dyrup, based in Copenhagen, Denmark, is a leading wood stain and architectural coatings company with strong positions in Denmark, France, Germany, Iberia, and Poland. Dyrup’s key brands include Dyrup, Bondex, GORI and Xylophene.GORI industrial coatings is a non-core B2B business owned by Dyrup and operated under the strategic GORI brand. Primary customers of Dyrup Industry are manufacturers of wooden windows and doors in Denmark and Poland.
The sale is part of Dyrup’s strategy focusing on its core do-it-yourself (DIY) and professional (PRO) markets.