VKR Holding announced that it closed a deal on April 9 in which its Canadian subsidiary Gienow, a vinyl window manufacturer in North America, was divested to Ply Gem Industries Inc.

VKR Holding adds that it continues to maintain its presence in the North American door and window market through its involvement with the VELUX Group and the directly owned subsidiary Loewen.

“The transaction regarding Gienow has thus no impact on other VKR owned activities in North America,” read the company statement.

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