Gimv : The Grandeco Wallfashion Group further expands its business in wall decoration through the integration of Wall!Supply and grows to a turnover of 100 million euros

Tielt, July 23, 2021 - Grandeco Wallfashion Group is pleased to announce the acquisition of the entire shareholder capital of Wall!Supply, the market leader in decorative 3D panels. Following the acquisition of Holden Decor in 2020, this acquisition is part of Grandeco's global expansion strategy. This is fully in line with the strong belief in further consolidation of the wall decoration landscape. The objective of the acquisition is to build on Wall!Supply's unique success and further realize its enormous growth potential. The company will continue to operate independently.

WALL!SUPPLY (www.wallsupply.com) designs, manufactures and sells easy-to-install trendy 3D wall covering products mainly through the DIY sales channel.
WALL!SUPPLY's passion is home decoration, making your home a more beautiful place to live.
The company has established a leading position in the European DIY trade in the field of 3-D wallcoverings and has achieved its first trendy product launches in the North American DIY market. Furthermore, a strong B2C e-commerce sales channel has also been established with style4walls.com.