Knowsley closure makes a dent into Sonae’s earnings

Buyer found for the British mill’s assets, valued at €19m

The closure of the particleboard mill in Knowsley in the UK in the middle of September placed an additional burden on earnings reported by Sonae Industria SGPS S.A., headquartered in Maia, Portugal, which were already on the decline. According to its interim report for the third quarter, released on 16 November 2012, ...

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