Manufacturer in Lithuania

Domestic window giant continues its shopping spree

The IFN network - here co-owner and spokesman Christian Klinger - made a purchase in Lithuania.

(Bild: Krone KREATIV/IFN, Internorm)

In the shadow of Internorm, the IFN network, which includes brands such as Schlotterer, Topic, HSF, Neuffer and GIG, continues to grow. Now the window giant, which operates from Traun (Upper Austria), has acquired another window and door manufacturer in Lithuania. The deal is also intended to strengthen the company's own supply chain.

"There are always ideas and approaches, but in this environment, the plans are currently a bit of a pipe dream" - this was Christian Klinger's response when asked about possible expansion steps for the IFN Group in May last year. Although the environment in Europe has not become any easier since then, the network operating from Traun went on another shopping spree - this time in Lithuania.

Thanks to our high equity ratio, we invest anti-cyclically even in difficult times in order to strengthen our opportunities for the future today.

Christian Klinger, Miteigentümer und Sprecher von IFN

IFN acquires 100 percent of the shares in the Lithuanian company RODA UAB. The manufacturer of wooden windows and doors in European, Scandinavian and English styles has around 100 employees and generated sales of around nine million euros in 2023. "RODA is the perfect addition to our network," says Klinger. The deal is set to be finalized in mid-March.

In future, the Lithuanians will supply their existing customers as well as members of the IFN network in Europe. Problems with the supply chain, such as those experienced by Danish manufacturer Skanva last year, should therefore be a thing of the past.