Equistone Partners Europe has acquired a majority stake in Gardengate, aiming to leverage its strong position in the aluminum gates and doors market to drive further growth in Europe.

Target Information

Equistone Partners Europe has successfully completed the acquisition of a majority stake in Gardengate, a prominent manufacturer of aluminum gates and doors based in Braga, Portugal. Founded in 1997, Gardengate has built a strong reputation within a competitive market by emphasizing innovation, high product quality, and exceptional customer service. The company's experienced management team has successfully developed strong partnerships with key DIY retailers in France, which currently accounts for 85% of their sales.

Despite the challenges posed by the COVID-19 pandemic, Gardengate has shown resilience and is projected to achieve a turnover of approximately €90 million in 2021. This figure reflects a compound annual growth rate (CAGR) of 18% from 2016 to 2021. In addition to its dominance in France, Gardengate has also seen rapid sales growth in markets such as Benelux, Germany, and the UK.

Industry Overview

The European market for home improvement and DIY products has witnessed robust growth, largely driven by an increasing consumer interest in home renovations and outdoor enhancements. This trend has be