The EU Commission Acquits VELUX
The EU Commission has closed its investigation of the VELUX Group and found no competition law infringements.
During the investigation, which included dawn raids at several VELUX Group locations and dealers' in the period 30 September to 2 October 2008, VELUX cooperated with the Commission in accordance with our longstanding policy of always cooperating with the competion law authorities.
The VELUX Group has for more than a decade made extensive efforts to comply with competition law. VELUX has implemented and follows a comprehensive compliance programme, developed in cooperation with acclaimed and experienced competition law experts.
"The VELUX Group supports free competition and appreciates the work performed by the competition authorities. We aim to respond openly to any approach by competition authorities. It is our firm conviction that the VELUX Group complies with applicable competition law, and we are of course very pleased with the outcome of the investigation," says VELUX Group CEO Jørgen Tang-Jensen.
Read more about VELUX and competition rules.
VELUX creates better living environments with daylight and fresh air through the roof. Our product programme contains a wide range of roof windows and skylights, along with solutions for flat roofs. In addition, VELUX offers many types of decoration and sun screening, roller shutters, installation products, products for remote control and thermal solar panels for installation in roofs. VELUX, which has manufacturing companies in 10 countries and sales companies in just under 40 countries, is one of the strongest brands in the global building materials sector and its products are sold in most parts of the world. The VELUX Group has more than 10,000 employees and is owned by VKR Holding A/S. VKR Holding A/S is a limited company wholly owned by foundations and family.
For more details, visit www.velux.com.