Evo Holding acquires controlling interest in Duotex Group (Duotex and Lika-Newline)

Clearwater Advisor

The Danish private equity company Evo Holding has aquired the controlling interest in the Duotex Group. The Group consists of Duotex and Lika-Newline.

Duotex develops and manufactures standardised sunshading and design licensed products for childrens rooms. Lika-Newline is develops and manufactures made-to-measure sunscreens. The deal is part of the investment strategy of EVO Holding who plans to develop unutilized potential in medium sized Danish companies.

The brand Suntex is established as a result of the merger between the two companies. Suntex has a strong focus on quality and product development to ensure a continued development and expansion of the brand. The Suntex products are sold via retail chains and specialty stores. In 2010 Suntex became part of Deco Group.