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Lorentzen introduced standardization, vertical integration, metal manufacturing and assembly lines to the window blinds industry. [4] In 1993, Levolor was acquired by Newell (known today as Newell Brands). [5] In July 2016, Levolor was sold to Hunter Douglas, a Dutch custom window blind manufacturer, for US$260 million. [6]
Barnett was acquired by Waxman Industries for $12.5 million giving Barnett access to the mail-order market. Waxman Industries formed Barnett, Inc. in 1993 and two years later it reached $100 million in sales. In April 1996 Barnett went public and completed its IPO. [56] Learn Gas Products was acquired by Barnett from Waxman Industries.
At a later date in 2016, Hunter Douglas purchased a majority share in Blinds2Go which is by far the largest UK retailer of made-to-measure blinds. Following that, Hunter Douglas made a second acquisition of Hillarys Blinds in 2017. At this point, Hunter Douglas already owned a significant share of the market before purchasing a majority stake ...
Blinds.com is an e-commerce retailer of window blinds and window coverings. [65] Blinds.com was founded by Jay Steinfeld in 1993. [ 66 ] By 2006, the company was named #186 on the Internet Retailer Top 500 Guide, as well as the 10th fastest-growing e-commerce company on the list. [ 67 ]
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