Building products

Parquet producer Berg & Berg files for bankruptcy

17.01.2020 − The three-layer parquet manufacturer Berg & Berg to Swedish Mor-Gerd filed for bankruptcy on 11 December. » more


Insolvency proceedings against Sörnsen subsidiaries

09.01.2020 − In addition to the parent company Sörnsen Holzleisten, all subsidiaries in Germany and Scandinavia, with the exception of the Lithuanian UAB SIWood, also had to file for insolvency. » more

WeGo Floortec now trading as Kingspan Access Floors

11.12.2019 − The access-floor manufacturer WeGo Floortec taken over by Kingspan Group has been trading under the name of Kingspan Access Floors since 15 October. » more

Parador hopes to lift revenues to roughly €170m

05.12.2019 − Parador - owned by Hyderabad Industries (HIL) since August 2018 - ntends to generate full-year revenues of about €170m in the current 2019/2020 financial year (ending on 31 March).» more

I4F expands patent base through partnerships

02.12.2019 − Innovations4Flooring (I4F) has forged additional partnerships with holders of flooring patents in recent months.» more

Decline in Amorim Floor & Wall sales revenue halted

29.11.2019 − In the third quarter, Corticeira Amorim SGPS halted the longstanding decline in its Floor & Wall Coverings business unit’s (BU) sales revenue. » more

Core growth achieved by Jeld-Wen in Europe alone

27.11.2019 − Sales revenue generated by Jeld-Wen fell in the third quarter of 2019 by 3.9 % to 1.092bn US$.» more

I4F, Unilin and Välinge reach deals to end patent disputes

20.11.2019 − The intellectual property firm Innovations4Flooring (I4F) brokered two separate deals with the Unilin subsidiary Flooring Industries and Välinge Innovation to end patent disputes for new material products.» more

Masonite records further rise in adjusted EBITDA

14.11.2019 − In the third quarter Masonite International was able to increase its EBITDA adjusted to account for special effects by 7.1% to US$75.8.» more

Drutex to commission new production building soon

11.11.2019 − Polish window manufacturer Drutex has constructed a new production building at its headquarters, covering an area of approximately 14,000m². » more

Tarkett: development improves further in third quarter

08.11.2019 − Tarkett concluded the third quarter with a turnover increase of 8.0% to €907.1m.» more

Johan G. Olsen Group withdraws from Bauwerk Boen

07.11.2019 − Norwegian Johan G. Olsen Group (JGO) is selling its 33.2% share in Bauwerk Boen to majority shareholder EGS (EGSB) and is therefore terminating its involvement in the parquet sector. » more

Jeld-Wen now expects slight turnover decline in 2019

04.11.2019 − Jeld-Wen has again adjusted downwards its forecast for the 2019 financial year. » more

Inwido expands capacity at Vetlanda window plant

28.10.2019 − Elitfönster, which belongs to Inwido, is to install a new planing machine at its Vetlanda plant. » more

FEP: no uniform trend on European parquet markets

24.10.2019 − According to the Federation of the European Parquet Industry (FEP) on European parquet markets there is currently no clear development trend. » more

Masco to complete sale of Milgard by the year’s end

22.10.2019 − Masco has reached a deal with the window and door manufacturer MI Windows & Doors to sell its US window and door activities doing business as Milgard Windows & Doors.» more

Parquet industry’s receipts of orders decreased

21.10.2019 − According to statements from various central and northern European multiple-layer parquet manufacturers, the hoped-for upswing in demand in autumn has not materialised yet. » more

Headlam’s sales revenue increased by 3.3%

16.10.2019 − Headlam Group increased its sales revenue by 3.3 % in the first half-year 2019 to 348.7m £.» more

Bauwerk Boen’s financial results still under pressure

09.10.2019 − The key performance figures of Bauwerk Boen Group continued to decay in the first half-year. EBITDA fell by 16.4 % to 14.4m CHF.» more

Altro dropping “Debolon” in harmonised brand image

02.10.2019 − British Altro Group will be marketing the products manufactured by the German subsidiary Debolon Dessauer Bodenbeläge under the global brand name of “Altro” in future. » more

Best development recorded for Mohawk RoW

26.09.2019 − The “Flooring Rest of the World (RoW)” division of Mohawk Industries registered the best development in sales revenue and financial results of all three divisions in the second quarter of 2019, too. » more

Court rejects Jeld-Wen vs. Steves & Sons Texas case

18.09.2019 − Jeld-Wen Holding is not entitled to have another court investigate the accusations against door manufacturer Steves & Sons, most points of which were rejected by the circuit court in Richmond, Virginia.» more

Deceuninck: result affected by business in Turkey

12.09.2019 − In the first half Belgian PVC and WPC processor Deceuninck was confronted by an 8.5% turnover decline to €312.5m compared to the corresponding period in the preceding year. » more

Tarkett: investment volume of €58m in first half of the year

30.08.2019 − In the first six months of the current year French flooring group Tarkett invested a total of some €58m. » more

AFI quarterly turnover significantly below last year

29.08.2019 − For the second quarter of 2019 US flooring manufacturer Armstrong Flooring Inc. recorded an 11.7% turnover decline to US$177.7m.» more

Jeld-Wen records declines in turnover and results

21.08.2019 − In the second quarter, American window and door manufacturer Jeld-Wen Holding generated turnover of US$1.119bn, corresponding to a decline of 4.6% vis à vis the preceding year's figure.» more

AFI quarterly turnover significantly below last year

20.08.2019 − For the second quarter of 2019 US flooring manufacturer Armstrong Flooring (AFI) recorded an 11.7% turnover decline to US$177.7m.» more

Laminate flooring sales now falling overseas as well

16.08.2019 − Europe’s laminate flooring industry saw the slump in sales that materialised in 2018 actually intensify in the first half. » more

DOC raises anti-dumping duties on parquet imports

15.08.2019 − The US will impose much higher anti-dumping duties on multi-layer parquet imports from China in the future. » more

Masonite adjusts 2019 forecast downwards

14.08.2019 − Following restrained business in the first six months Masonite International has adjusted its forecast for the entire period of 2019 downwards. » more