IFLR1000

Fenestra and Fenestra Group bankruptcy

1/1/2015
Insolvency proceedings
Select tab

€ 100 million

$ 110 million

Completed

1/1/2015

Overview:

  • Fenestra, one of the largest manufacturers of doors and windows in the Nordic countries, has entered into bankruptcy.
  • The company has two factories in Finland and an operating subsidiary in Estonia.
  • The bankruptcy estate sold the door factory just under three weeks after the declaration of bankruptcy and the window factory was sold over a month after the declaration.

Wai Yee Tsang - Journalist

Jurisdictions:

Finland
Estonia

Deal type:

Insolvency proceedings

Practice area:

Restructuring and insolvency

Industry sector:

Industrials and manufacturing

Firm:
Krogerus

Party: Fenestra (Insolvent entity)

Party: Fenestra Group (Insolvent entity)

Lawyer: Jarmo Makkonen

Related deals