JELD-WEN Holding, Inc. acquired Mattiovi Oy, a leading Finnish manufacturer of interior doors and door frames. Mattiovi was privately held by Taaleri Ovitehdas Ky, Taaleri Sijoitus Oy, and management. Terms of the acquisition were not disclosed.

Furniture

JELD-WEN Holding, Inc. acquired Mattiovi Oy

JELD-WEN Holding, Inc. acquired Mattiovi Oy, a leading Finnish manufacturer of interior doors and door frames. 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, 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 inEuropeduring that period. JELD-WEN expects the acquisition to be accretive to EPS in 2018.

JELD-WEN, founded in 1960, is one of the world’s largest door and window manufacturers, operating 115 manufacturing facilities in 19 countries located primarily inNorth America,EuropeandAustralia.