Arx buys two Czech facades businesses
Arx Equity Partners has acquired Czech glass facades producer Fenestra Wieden and combined it with the carved-out facades business of Skanska.
The newly created business will be rebranded as Fenestra, employ 200 people and expects to generate sales of €40m in 2019.
Arx is currently investing from Arx CEE IV, a €95m fund that held a final close in October 2017.
Company
Fenestra was founded in 1991 and is headquartered in Liberec. It is a producer and designer of aluminium-glass modular facades, serving customers throughout Europe. It has additional facilities in Sweden and Slovakia, and employed approximately 90 people prior to the merger with the Skanska division.
People
Arx Equity Partners – Thomas Lansky (partner).
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