Champagne and sour grapes after a billion-dollar bid for blinds maker Hunter Douglas | Financial

Factory in Rotterdam.

Ⓒ Foto ANP / HH

—

Rotterdam – A takeover by the notorious Brazilian investor 3G means a billion-dollar hit for the last shareholders of blinds maker Hunter Douglas. However, for those who, at the insistence of the Sonnenberg family, sold their pieces for a ‘tip’ last year, the grapes are sour. Moreover, as CFO Leen Reijtenbagh confesses, private equity was already discussed in 2019. ‘Disgraceful’, stock commentators call the family’s actions.

–