MFO Spólka Akcyjna has completed an IPO in the amount of PLN 22.6 million.

MFO SA is a Poland-based company engaged in the steel profiles manufacturing segment of industry. It produces steel profiles, anchors and reinforcements for PVC window joinery, cutting and profiling sheet, as well as foiling and laminating PVC profiles. It operates in the European Union, Russia and Ukraine. The Company divides its activities into two segments: Cold-bent sections, and Special sections. In the Cold-bent sections segment it manufactures and distributes window reinforcements and in the Special sections segment it offers special profiles based on individual documentation of the ordering party. Apart from window reinforcements it manufactures special profiles which can be applied in: light steel constructions, fences, elevated floors, racks, automotive industry, among others.