Cairngorm concludes fifth acquisition in timber trade

03.12.2018 − On 13 November British Cairngorm Capital Partners acquired all shares in Arnold Laver. » more


Worldwide DIY turnover increased to € 589 billion

20.11.2018 − According to estimates by the industry association Fediyma, a total of € 589bn was sold on the global DIY market in 2017. » more

Goebel is designated Secretary General at the ETTF

20.11.2018 − In addition to his position as Managing Director of the German Timber Trade Association (GD Holz), Thomas Goebel will assume the position of Secretary General of the European Timber Trade Federation (ETTF).» more

Kadant receives 36 % more orders in Wood division

15.11.2018 − The Wood Processing Systems division of US-American Kadant registered orders worth a total of 36.1m US$ in the third quarter. » more

Broadview has invested €170 million in Westag & Getalit

12.11.2018 − Dutch Broadview Holding has invested a total of around €170m in the acquisition of a majority stake in Westag & Getalit AG, which was completed on August 21. » more

Turkish WPM fair to be rebranded as Woodtech

05.11.2018 − The Wood Processing Machinery (WPM) trade fair, which is held annually together with the Intermob supplier fair in Istanbul, will be rebranded as Woodtech.» more

Government to keep Brexit costs as low as possible

05.11.2018 − The British government wants to minimise the costs to the timber industry of Brexit, which is planned for March 2019. » more

Power plant overhaul reduces Westag & Getalit turnover

05.11.2018 − In the third quarter, sales at Westag & Getalit AG fell by 2.7 % to €58.1m. This decline was almost exclusively due to the overhaul of the CHP plant at Rheda-Wiedenbrück site from June to the end of October.» more

Akzo concludes sale of Specialty Chemicals

29.10.2018 − Dutch Akzo Nobel completed the sale of its special chemical division to US-American The Carlyle Group and the Government of Singapore Investment Corporation (GIC) on 1 October. » more

Valmet and Andritz to supply pulp plant for Arauco

29.10.2018 − Chilean Arauco has placed an order with Valmet and Andritz under two letters of award (LoA) for key components for updating and expanding the pulp mill at the Arauco facility in the Bio region.» more

Moelven Timber: Earnings increase has intensified

28.10.2018 − The sawmill division "Timber" within Moelven Industrier tripled its EBITDA in the third quarter to nkr90m compared to the same quarter of the previous year. » more

Akzo Nobel increased results for the first time again

19.10.2018 − In the third quarter, sales of the continuing operations of the Dutch chemicals group Akzo Nobel fell again by 4% to €2.326bn.» more

Housing permits increased by 2.3% in August

18.10.2018 − In Germany, housing permits in new residential buildings increased by 2.3 % year-on-year to 27,026 units in August. » more

Weinig expects sales increase of almost 15%

16.10.2018 − A strong project business as well as the market, which continues to perform well, will also ensure an increase in sales at Weinig in 2018.» more

Stora Enso throttles operation due to lack of water

15.10.2018 − Stora Enso has partially shut down production at its pulp and fine paper mill in Nymölla, Sweden, since 8 October due to insufficient water supply. » more

Vimek forest machines delivered to Belarus

15.10.2018 − At the end of August, the forest-machine manufacturer Vimek, part of the Italian company Fassi Gru through the Cranab group, delivered the last of 126 forest machines to Belarus on schedule.» more

Stora Enso and Trä Group to cooperate in digitalisation

12.10.2018 − Stora Enso and the start-up company operating in the digitalisation sector Trä Group signed a joint development agreement on 24 September. » more

Deurotech Group gradually creating other pillars

11.10.2018 − Over the past few years, Deurotech Group (DTG) has established several new pillars alongside its treating and coating technology business run by Vits Technology. » more

Chinese CSG Group has bought MAKA Systems

11.10.2018 − The listed Chinese company CSG Smart Sciene & Technology has acquired the CNC plant manufacturer MAKA Systems. » more

Sveza completes preliminary design for pulp project

09.10.2018 − The Russian plywood and particleboard manufacturer Sveza Group has substantiated its plans to enter the pulp production market.» more

Jartek participates in Roséns Maskin

08.10.2018 − The Finnish engineering company Jartek has acquired an unspecified, notable stake in the Swedish sawn timber grading plant manufacturer Roséns & Co Maskin. » more

Mercer International to take over pulp producer DMI

08.10.2018 − With the acquisition of the activities of Daishowa-Marubeni International (DMI), Mercer International is increasing its pulp capacity by 645,000 tons to approximately 2.2m tons per year. » more

Russia: Wood industry production to increase significantly

02.10.2018 − The production volumes of the Russian forestry and timber industry are expected to increase significantly by 2030. » more

In July, construction order intake increased by 2.7%

02.10.2018 − Seasonally, working day- and price-adjusted order intake in the German construction industry increased by 2.7% in July compared with the same month of the previous year. » more

Auctus buys majority stake in Bürkle from Nimbus

01.10.2018 − Auctus Capital Partners is set to purchase a majority stake in the machinery and plant producer Robert Bürkle from the Dutch investment firm Nimbus. » more

Homag CEO Paasivaara appointed to Dürr Board

28.09.2018 − Pekka Paasivaara, CEO of Homag Group since mid-June 2015, will join the Board of Management of the superordinate Dürr Group on January 1, 2019. » more

German wood industry aiming to double sales growth

28.09.2018 − On the basis of the 3.0 % growth to 18.206m € achieved in sales revenue by the end of June, the German wood industry also wants to achieve a comparable growth in the year as a whole.» more

US housing starts increased by 9.2% in August

27.09.2018 − In the USA, housing starts in the twelve-month period up to and including August increased by 9.2% to 1.282m units compared with the twelve-month period up to and including July.» more

Germany: Building permits turned positive in July

24.09.2018 − In July, the construction of 30,181 apartments in new residential buildings was approved in Germany; this corresponds to an increase of 17.3% compared to the same month last year. » more

Kingfisher: Turnover up by 3.4% in second quarter

21.09.2018 − Kingfisher increased turnover in the first half of the current 2018/2019 financial year (31 January) by a total of 1.2% to £6.080bn. » more