Lotus Doors Revenue and Competitors

Lotus was founded in the 1960s and was originally a manufacturer of sliding shower screens. With the rise in popularity of folding doors in the 60s, the business diversified into this product range, supplying door and hardware retailers with various types of folding doors. As the fashion for these doors subsided, Lotus remained as the key supplier of this product as other competitors re-focussed efforts elsewhere or went out of business. Following the theme of flexible space solutions, Lotus introduced an Acoustic Operable Wall product range that moved it into the realm of supplying installed product to the building industry. With this move its manufacturing, design, acoustic capabilities were expanded along with the end-to-end delivery model into the commercial building sector. Through diligent execution significant gains were made in this market and the Lotus brand grew among commercial builders and architects. From this platform Lotus grew further through introducing Glas-STAX, Opera, Acoustic Sliders and latterly Rotating Panel systems, all of which have been designed by Lotus for its self to exclusively supply. Today Lotus operates from a purpose built manufacturing facility in Dandenong South, has depots in all major capitals. We service many export markets and are demonstrably the number 1 supplier of flexible space solutions to the Australian commercial building market. Lotus has always been a privately held business with its owners being highly involved and setting the right culture for continued performance improvement and growth. Ownership has been within related parties since the late 1980s which has given the business stability whilst allowing it to grow and prosper with the introduction of new key stakeholders.