Businesses in the building parts industry initiated and carried out additional expansion projects in 2021, not least thanks to persistently robust demand. Numerous changes occurred in the window and door industry, in particular. Dovista Group, that is part of VKR Holding, made not one but two major acquisitions. At the beginning of the year, Dovista had first reached an agreement with the Swiss building components supplier Arbonia to buy its window division. Dovista added five companies as part of this transaction, which closed in early September. Dovista also acquired Weru Group at the start of September. A short time later, Dovista sold the window and house door manufacturer Unilux, a Weru Group subsidiary, to the investment company Aurelius Equity Opportunities.
Austrian IFN-Holding which specialises in windows, house doors, facades and sun protection systems, adopted a group-wide €250m programme of investments. At the end of the year, IFN-Holding, whose largest subsidiary is the window and house door manufacturer Internorm International, also inked a purchase agreement to become the majority shareholder in the online retailer Neuffer Fenster + Türen. IFN-Holding will significantly expand its e-commerce activities through online shops operated by Neuffer, such as fensterversand.com, fenetre24.com and windows24.com.
The complete overview summarising corporate changes in the building parts sector is available in the printed version of issue 1-2/2022 or as pdf.
