Miscellaneous

More timber traders taken over by Cairngorm Capital

21.05.2018 − British Cairngorm Capital Partners took over the timber trading company North Yorkshire Timber (NYTimber) on 15 February. » more

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Altendorf Group completes Hebrock take-over

18.05.2018 − German Wilhelm Altendorf completed its purchase of the affiliates Hebrock and EBM on 25 April, thus adding edgebanding machines to its portfolio. The deal was struck during the first quarter. » more

Raute boosts order backlog to €142m

14.05.2018 − Finnish Raute landed orders with a total value of €68m during the first quarter.» more

Danzer increased revenues by 6.5% in 2017

14.05.2018 − Danzer booked revenues of €210m in 2017, an upswing of 6.5%. The company has reported revenues for entities in Europe and North America alone for the first time. » more

James Hardie completes Fermacell acquisition

10.05.2018 − Xella International completed the sale of its Fermacell business unit to Irish James Hardie Industries that is listed on the Australian stock exchange, on 3 April. » more

In the first quarter, Akzo Nobel sees earnings cut in half

09.05.2018 − Dutch Akzo Nobel ended the first quarter with an 8% slide in revenues from continuing activities to €2.176bn. » more

Increase in results achieved by MM-Holz in 2017

07.05.2018 − Austrian Mayr-Melnhof Holz raised the sales revenue generated in its business year 2017 by 4.1 % above the year before to 553.9m €. » more

Homag planning engineering office in Poznan

03.05.2018 − Homag Group wants to open its own engineering office in Poznan, Poland. Work to build the office, which will do business as Homag Engineering Poland, started in the first quarter of 2018. » more

Fitecma already 85 % booked up for next year

02.05.2018 − By the beginning of April, exhibitors had already placed firm bookings for 85 % of the exhibition space at Fitecma taking place for the fourteenth time in Buenos Aires from 2 to 6 July 2019.» more

German-Timber-Company taken over by Canadian WCE

30.04.2018 − Canadian Western Coast Enterprise (WCE) acquired 75 % of the shares in German-Timber-Company GmbH (GTC) from Schuster-Holz-Team, on 30 March. » more

Sistema reschedules IPO for Segezha Group

27.04.2018 − Russian Sistema wants to execute the long-planned initial public offering (IPO) for the Segezha Group during the course of 2020. » more

USNR: Söderhamn Eriksson disappearing as brand name

27.04.2018 − US Natural Resources (USNR) will only be appearing on the market under the name of „USNR” in future. » more

Estonia still holding on firmly to plans for pulp mill

20.04.2018 − At the cabinet meeting held on 5 April, Estonia’s government decided that Est-For should press ahead with its plans for building a pulp mill that were first presented at the beginning of 2017. » more

Sharp growth in revenues at Homag China Golden Field

18.04.2018 − Homag China Golden Field - a joint venture that was founded in 2000 – boosted its revenues by nearly 63% in the 2017 financial year.» more

Mondi concretising investment in Šteti and Ružomberok

13.04.2018 − At an investor presentation on 2 March, Mondi Group gave more concrete shape to its plans for the Czech pulp mill in Šteti and the Slovakian mill in Ružomberok. » more

Segezha Plywood improves EBITDA margin to 30.5 %

10.04.2018 − The adjusted EBITDA of the “Plywood and Wood Boards” division of the Russian Segezha Group in 2017 was 72.4% higher than a year earlier at 1.8bn RUB. » more

Arauco increased its sales in 2017

09.04.2018 − Chilean Celulosa Arauco y Constitutión sold 7.4% more wood-based panels in the fourth quarter of 2017 than in the prior-year period with a total of 1.216m m³. » more

Hecht & Kloth continues CEKO production operations

09.04.2018 − German Hecht & Kloth took over the CEKO product programme and one of the two planing lines, the tools, stocks, patents, and registered designs of Grimmeisen Holzland on 1 November 2017.» more

Pulp manufacturers Fibria and Suzano plan to merge

06.04.2018 − Brazilian Fibria Celulose and Suzano Papel e Celulose are to be merged into a single company by means of a share swap. » more

Fewer building approvals again in December

31.03.2018 − In December 2017 approvals for construction of 34,470 dwellings were granted in Germany. » more

Akzo Nobel completes its purchase of V.Powdertech

29.03.2018 − Akzo Nobel wrapped up its take-over of Thai V.Powdertech before the end of the fourth quarter after reaching a deal on 27 November 2017. » more

New record output achieved by Mercer International

28.03.2018 − German Zellstoff Stendal (ZS), part of Mercer International produced a total of 679,152 t of pulp in its business year 2017, which equates to an increase of around 4.7% against last year. » more

Order intake in housing construction almost 40% up

22.03.2018 − Order intake in German housing construction increased nominally by 39.8% to €1.616bn in December 2017 vis à vis the comparative month of the preceding year. » more

Giardina Group wants to book revenues of €20m in 2018

21.03.2018 − The Giardina Group – which was created at the end of 2017 when Italian Mauri Macchine and Giardina Finishing merged – intends to boost its revenues to about €20m in the current financial year. » more

German paper industry turns around trend in sales

20.03.2018 − After the regressive development in 2016, sales revenue generated by the German paper industry increased again last year. » more

Court paves way for creditor protection for Rougier

19.03.2018 − On 12 March, the commercial court in Poitiers, France, approved the creditor-protection proceedings filed for by French Rougier. » more

Austrian timber industry expanding abroad

15.03.2018 − There have meanwhile been at least ten transactions since 2015 in which Austrian companies in the sawmilling and gluelam timber industry have played a role as investors. » more

Springer acquires majority holding in FinScan

15.03.2018 − Austrian Springer group has acquired a 90% stake in Finnish FinScan. The remaining 10% of the shares remain in the hands of the company’s founder. » more

US housing starts at positive level in January

13.03.2018 − In the twelve months up to and including January, US housing starts, adjusted to account for seasonal influences, increased by 9.7% vis à vis the preceding month to a total of 1.326m units. » more

Domotex Asia/Chinafloor aiming to occupy 155,000 m²

06.03.2018 − As the organisers of Domotex Asia/Chinafloor, Hannover Milano Fairs Shanghai and VNU Exhibitions Asia are anticipating other increase in the number of exhibitors and visitors this year.» more