Amarr, leading garage door player in the US, strong addition to Entrematic

An agreement has been signed to acquire Amarr, one of the leading players in the North American garage door market, with sales of ca USD 300 million and 1,200 employees.

”Amarr is another strategic step in our growth strategy to become the industry leader in Entrance Automation” says Juan Vargues, President of Entrematic. “It gives us a strong footprint in North America and further reinforces our global position in sectional doors”.
 
Amarr holds an attractive market position in the North American garage door market for residential and commercial applications. The company’s extensive dealer network covers the USA, Canada and Mexico.
 
“Amarr’s size, product portfolio and market position suit us perfectly, says Juan Vargues. We now have a wide range of sectional doors that together with our docking products, high-speed roll doors and door automation give us a unique and complete offer for distributors on the North American market.”
 
Amarr was founded in 1951 and is based in Winston-Salem, North Carolina. The company has 1,200 employees with operations in USA, Canada and Mexico. Sales for 2013 are expected to reach above USD 300 M.
 
The transaction is subject to regulatory approval and is expected to close during Q4 2013.