Miscellaneous

Pervanovo acquires Croatian Spacva Group

10.06.2021 − Via its Croatian subsidiaries Swedish Pervanovo Invest has taken over a further Croatian hardwood processor.» more

ADVERTISEMENT

Spain: building starts decrease by 21% in 2020

31.05.2021 − In 2020, building starts in Spanish housing construction decreased by 21% to 75,820 units. » more

Saint-Gobain in talks about acquiring Panofrance

27.05.2021 − Compagnie de Saint-Gobain plans to ramp up its French timber trading activities significantly by acquiring the lumber and wood-based panel merchant Panofrance. » more

New Homag business area launched on 1 April

25.05.2021 − The new construction elements solutions business area, announced by Homag Group in October 2020, commenced operations on 1 April. » more

P3G Industries and Alsapan preparing merger

20.05.2021 − P3G Industries and Alsapan want to merge their activities into a holding company trading under the name of Alpagroup.» more

Segezha listed on Moscow Stock Exchange since 28 April

14.05.2021 − On 28 April, Russian Sistema got the Segezha Group listed on the Moscow stock exchange by issuing of new shares. » more

Growth registered in Raute’s North America business

14.05.2021 − Orders received by Raute in the first quarter were 20 % higher than a year earlier at €30m. » more

Homag also acquiring press manufacturer

12.05.2021 − Homag Group has acquired a majority stake in Kallesoe Machinery, a Danish machinery manufacturer that specialises in presses for the production of cross-laminated timber (CLT).» more

DIY industry closes 2020 with double-figure growth rates

07.05.2021 − Disproportionately high growth in the second and third quarters enabled the DIY industry in Germany, Austria, and Switzerland to achieve double-figure growth rates in sales revenue in 2020 as a whole. » more

HIT enters finger-jointing sector by taking over SMB

03.05.2021 − H.I.T. Maschinenbau recently took over all the design documentation, rights, and workforce of SMB and integrated the company into the newly-founded H.I.T. Keilzinkentechnik on 19 March. » more

Deutsche Messe and VDMA cancel Ligna after all

30.04.2021 − The Ligna trade fair, which had already been pushed back from its usual date in May to 27 September to 1 October back in early November 2020, will not be able to take place as planned after all. » more

Westag & Getalit reports growth in laminates business

26.04.2021 − Westag & Getalit encountered an 0.7% decline in revenues to €229.1m in the 2020 financial year, primarily because of a slowdown in export business and a downturn in its Doors/Frames division. » more

Construction industry: shortages in material supply

23.04.2021 − Construction activity in Germany is currently experiencing restrictions due to shortages in supply of globally traded materials such as wood, steel or crude oil products. » more

Slump in profits registered by Ponsse in 2020

15.04.2021 − The pre-tax profit of Ponsse slumped by over 40 % in its business year 2020 to €39.6m. » more

US housing starts also decrease in February

07.04.2021 − The number of housing starts in the USA during the twelve months up to and including February decreased by 10.3% vis à vis the adjusted January figures, to 1.421m units. » more

Fewer building approvals in December

05.04.2021 − In December, building approvals for living units in new residential buildings in Germany decreased by 11.4% vis à vis the comparative month of the preceding year to 31,746 units. » more

Increasing growth in timber industry’s sales from June

01.04.2021 − The German timber industry succeeded in raising its total sales revenue above the previous year’s figures in every month from June onwards.» more

Further growth achieved by Metsä Wood in Quarter 4

29.03.2021 − In its Wood Products Industry (Metsä Wood) division, Metsä Group achieved growth of 25.4 % in sales revenue in the fourth quarter at €116.6m. » more

Kullik & Rullmann acquires British Quay Timber

22.03.2021 − Kullik & Rullmann has taken over British Quay Timber with effect from 1 March, thus expanding its business activities in Great Britain and in the area of online trade» more

National Timber Group acquires Hymor Timber

19.03.2021 − National Timber Group (NTG) - which was formed by Cairngorm Capital Partners following several acquisitions - has continued its expansion activity. » more

US housing starts down 6.0% in January

12.03.2021 − The number of housing starts in the USA during the twelve months up to and including January increased by 6.0% vis à vis the corrected figures for December, to 1.186m units. » more

Housing construction orders up 5.2% in 2020

11.03.2021 − In December calendar-adjusted incoming orders in the German housing construction sector increased by 5.2%. » more

Euroconstruct adjusts forecast slightly upwards

01.03.2021 − Euroconstruct forecasts the completion rate in Europe in 2021 to be at approximately the same level as in the preceding year, with a total of 1.684m new dwellings.» more

Westag & Getalit delivers growth in operating profits

23.02.2021 − Westag & Getalit almost erased a slump recorded in the first nine months by recording an improvement in fourth-quarter revenues to €57.8m. » more

Eurobaustoff centrally invoiced turnover up 12.3%

22.02.2021 − Eurobaustoff concluded the 2020 financial year with a 12.3% increase in centrally invoiced net purchasing turnover. » more

Hornbach has so far compensated for store closures

19.02.2021 − The renewed DIY-store closures in Austria and the Czech Republic from October had scarcely any impact on the development in sales revenue of Hornbach in the third quarter.» more

Weinig: effects from December cyber attack still being felt

15.02.2021 − Consequences of the cyber attack on the IT system of Weinig Group on 6 December continue to be felt up to the beginning of February. » more

France: DIY revenues grew 4.8% last year

12.02.2021 − The French DIY industry fared better in 2020 than in previous years, even though brick and mortar shops had to close as part of lockdowns to stop the spread of the Covid-19 pandemic. » more

DIY chains posted often double-digit percentage growth

10.02.2021 − Europe’s DIY industry has so far managed to offset the adverse effects of the Covid-19 pandemic amidst shifts in consumer spending towards home and furnishing purchases.» more

England: housing starts decrease by 8%

05.02.2021 − In the third quarter, housing starts in England - adjusted to account for seasonal influences - declined by 8% vis à vis the comparative quarter of the preceding year to 35,710 units. » more