NorthEdge Capital sells DW3 Products for £70m
DW3 Products, a manufacturer of high quality door and window products, has been sold by NorthEdge Capital to US business Masonite International. The £70m sale represents a 3.5x return for NorthEdge, which acquired DW3 in October 2014. In this time the company has expanded its facilities in Stoke and Gloucester and made three acquisitions. DW3’s brands include Solidor, Residor, Nicedor, and Residence. The company recorded net sales of around £45m in 2017.