Danish Kastrup Vinduer sold to Austrian IFN Holding
Bech-Bruun acted on behalf of Austrian IFN Holding in the latter's acquisition of a 75% stake in the Danish door and window manufacturer Kastrup Vinduer. The acquisition was completed on 26 August 2015.
Kastrup Vinduer was established in 1995 by Carsten Kastrup as a family business. Since 2008, a generational shift has taken place, in which the reins were handed over to Lasse Kastrup, Mr Kastrup's son.
Kastrup Vinduer boasts three factories in Holstebro, Skive and Vildbjerg, employing around 200 people.
IFN Holding is an Austrian family-owned door and window manufacturer and contractor established in 1931. The company has more than 2,500 employees in various subsidiaries in the said lines of business.
Lasse Kastrup remains a co-shareholder of Kastrup Vinduer and will still be in charge of its day-to-day management.