Fenestra Suomi has acquired the closed window and aluminium manufacturing facility in Loimaa, Finland, aiming to revive production and contribute to regional economic growth.

Target Company Overview

The transaction involves the acquisition of a window and aluminium manufacturing facility located in Loimaa, Finland, which has been inactive since December 2018 due to the bankruptcy of its previous owner, Domus Yhtiöt. Before its closure, the company generated approximately €30 million in sales as of 2017.

Fenestra Suomi aims to resume operations at the Loimaa site by early April, focusing on the production of wood-aluminium and wooden windows. CEO Lauri Laast expressed optimism about revitalizing the factory, highlighting its rich history of over 70 years. This development is expected to benefit both the company and the local community.

Industry Overview

The Finnish window and door manufacturing industry has demonstrated resilience despite fluctuations in the economy. Wood-aluminium solutions have gained popularity, driven by a growing trend towards sustainable