Inwido’s businesses in Scotland win landmark contracts – initially worth £22.5 million over two years
Inwido’s two business units, Sidey Solutions and Walker Profiles, have secured prestigious contracts with North Lanarkshire Council in Scotland, UK, encompassing the manufacture, supply and installation of sustainble windows and doors. Both contracts are initially worth £22.5 million over two years, starting end of January 2025. North Lanarkshire Council have the right to extend the contracts by 2 x 12 month periods, resulting in a total order value of £45 million over four years.
Sidey Solutions and Walker Profiles, the market leaders in social housing refurbishment in Scotland, were acquired by Inwido in July 2023. The two contracts they have now been awarded are the largest in Inwido’s as well as the two companies' history and include the replacement of windows and doors within approx. 7,250 properties during a four-year period.
"These two contracts are strong proof of the market leading position that our businesses in Scotland hold," says Fredrik Meuller, President and CEO of Inwido, and continues: "Both Sidey Solutions and Walker Profiles win these prominent contracts not only because of their high delivery ability, but also because they have a product range that meets the high requirements regarding energy efficiency that exist in Scotland. That they, and thus we, become an active part of the solution for Scotland to reach its goal of net-zero emissions of greenhouse gases by 2045 feels important and comforting considering the transformation journey that European countries are now embarking on.”
For more information, please contact:
Fredrik Meuller, President and CEO
Tel. +46 (0) 734 22 70 11
Annika Falk, VP Communication & PR
Tel. +46 (0) 706 02 13 71
About Inwido:
Inwido improves people's lives indoors with windows and doors. As Europe's leading window group, Inwido's business concept is to develop and sell the market's best customized window and door solutions through a decentralized structure and with a focus on the consumer-driven market in order to create long-term sustainable growth, organically and through acquisitions. Inwido consists of 35 business units with approximately 4,200 employees in twelve countries. In 2023 group sales amounted to SEK 9 billion with an operating EBITA margin of 11.4 percent. Inwido has been listed on Nasdaq Stockholm since 2014. Follow Inwido on LinkedIn.
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