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Analyst Comment

WindowMaster: Expands into the French market with extended partnership agreement

By Kasper LihnHead of Research
WindowMaster International

WindowMaster has expanded its presence in France through an extended partnership agreement with MGAir Distribution, which specializes in natural ventilation and smoke extraction. The company has carried WindowMaster products and solutions for the past four years.

With the new partnership, the Alsace-based brand will exclusively oversee WindowMaster’s activity in the French market, which is WindowMaster’s fastest-growing European market. The new partnership is an important milestone for WindowMaster in its growth journey and is the first of its kind.  

Strategically, MGAir has extensive knowledge of the French market and knows WindowMaster’s products and solutions. WindowMaster comments that the partnership is encouraged by an uptick in commercial specification inquiries for WindowMaster’s solutions, driven by new building regulations in France.

Read more about the extended partnership here: https://view.news.eu.nasdaq.com/view?id=b114a4a656aeba356d54c931878ec21c7&lang=en&src=listed

HC Andersen Capital receives payment from WindowMaster for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 10:32, 2 October 2023.

WindowMaster is a Danish cleantech company that delivers indoor climate solutions based on intelligent natural and mixed ventilation as well as heat and smoke ventilation solutions. The solutions are for commercial use, primarily in the following six segments: 1) Office 2) Educational institutions 3) Cultural buildings 4) Shopping centers 5) Hospitals 6) Sports facilities In 2015, WindowMaster was acquired by the current majority shareholder and CEO, Erik Boyter, in a management buy-in. Today, the company is a global company with sales subsidiaries in Denmark, Germany, Ireland, Norway, the United Kingdom, the United States and Switzerland. The company has been listed on Nasdaq First North in Denmark since October 2020.

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