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JELD-WEN Holding Initiates Strategic Review of European Business

In a significant move, JELD-WEN Holding, Inc. (NYSE: JELD), a premier global provider of building products, has announced a thorough examination of its operations in Europe. This decision comes as the company seeks to identify strategic alternatives that may bolster long-term value and streamline resource allocation.

William J. Christensen, the Chief Executive Officer of JELD-WEN, expressed a commitment to aligning key business strategies with the company's objectives for sustainable practices. He revealed that the European segment accounted for a robust $1.1 billion in revenue, or around 28% of total global earnings in 2024. This underscores the significance of the European market in JELD-WEN’s overall business strategy.

Christensen stated, "Our European business has achieved impressive results and possesses leading market share across various key regions. This comprehensive review is designed to unearth additional avenues for value creation, ensuring our stakeholders see continued benefits."

As part of JELD-WEN's European division, the company excels in the design, production, and distribution of a diverse range of interior and exterior doors as well as door sets crafted from wood and steel. With 23 manufacturing facilities and around 6,000 employees scattered across the UK, France, Central Europe, and Northern Europe, the company is well-positioned in these markets. Its offerings include fire-rated and security solutions that are marketed under a portfolio of renowned brands like BOS®, DANA®, Domoferm®, Dooria®, HSE®, JELD-WEN®, Kellpax®, Kilsgaard®, Swedoor®, and Zargag®.

While JELD-WEN has stated it cannot guarantee specific outcomes from this review, the company intends to act quickly in evaluating these strategic options. Any significant findings that emerge from this review will be disclosed accordingly as required by law or deemed appropriate.

The comprehensive strategic review reflects JELD-WEN's dedication to not only optimizing their portfolio but also enhancing operational efficiency. As the company navigates potential pathways for growth, industry analysts and stakeholders alike are keenly watching for updates that may influence the future direction of JELD-WEN’s European business.

About JELD-WEN Holding, Inc.

Based in Charlotte, North Carolina, JELD-WEN Holding, Inc. stands as a leader in designing, manufacturing, and distributing high-quality doors, windows, and other related building products for both new construction and remodeling sectors. Operating in 14 countries across North America and Europe, JELD-WEN employs around 16,000 associates committed to providing security and aesthetic enhancements for residential and commercial spaces. Their valuable brand lineup includes JELD-WEN®, LaCantina®, and VPI™ in North America, along with Swedoor® and DANA® in Europe.

The strategic review not only emphasizes JELD-WEN’s commitment to sustainable growth but also reflects broader trends in the building products industry, which is increasingly focusing on innovation and efficiency. In an era where market dynamics are always shifting, JELD-WEN is poised to adapt effectively to changing demands by reassessing its operational framework to better harness its strengths and position itself favorably in the competitive landscape.