Carlsquare acted as financial advisor to the owner of Kastrup Vinduer on the sale of a majority sale (75%) to the Austrian window manufacturer IFN (Internationales Fensternetzwerk)

Carlsquare acted as financial advisor to the owner of Kastrup Vinduer on the sale of a majority sale (75%) to the Austrian window manufacturer IFN (Internationales Fensternetzwerk).

Kastrup windows was established by Carsten Kastrup in 1995. In 2008, the ownership passed to his son Lasse Kastrup. Today, the company is a leading manufacturer and distributor of high quality windows and doors to the professional and private market in Denmark. The company has a unique market position and is recognised for its high quality of products, and the company’s fast delivery and flexibility.

The IFN group is a leading European window maker, with consolidated sales of more than EUR 433 million and 2,800 employees. Kastrup Vinduer will become part of the IFN family’s quality brands of Internorm, Topic, GIG, HSF, Actual Fenstertechnik and Schlotterer.

Carlsquare acted as exclusive financial advisor to the owner of Kastrup Vinduer. Transaction value is not disclosed.

Kastrup Vinduer Holding ApS

IFN