The deal has not been sealed, yet, and it will be subject to an internal review process and approvals by the Competition Council, or other competent authorities, as needed.
Via this new acquisition, ROCA Industry wants to expand the production capacity of ECO EURO DOORS and diversify the door range with new and competitive products on Romania’s market.
Workshop Doors is a company active on the interior door market in the region, with two production facilities in Reghin and Petelea. The company has been active since 2009 and exports a considerable percentage of its production. In 2022 the company had 184 employees and recorded a turnover of €10.5 million.
„Workshop Doors is a competitive player, with a healthy evolution. By production volumes, it ranked third among all local producers in 2022, delivering over 150,000 doors manufactured in its plants. And we believe that together we can develop the success story of this company, by becoming stronger and more relevant on the national market and the regional markets of Europe,” says Ionut Bindea.
The local interior door wholesale market is currently 70% represented by imports. The main source of imports is China. The market of local producers is a fragmented one and just 58% of local production is sold domestically, with the rest being exported.
(English version by Catalina Apostoiu)