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In the first seven months, the German kitchen furniture industry achieved a 5.2% year-on-year turnover increase to €3.8bn. For the entire period of 2023, however, the Verband der Deutschen Küchenmöbelindustrie (VdDK), Herford, has...
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Furniture
Austrian solid wood manufacturer Team 7 has invested a total of around €72m in its main site in Ried as well as the site in Pram, located around 15 km away. Of the sum of €47m invested in Ried during the period from 2021 to 2023,...
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Furniture
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Published in issue 39/2023
In addition to the price concessions already granted by the beginning of August 2023, Central European beech sawmills were no longer willing to reduce their sawnwood selling prices to any significant extent later on in summer. An...
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Roundwood/Sawnwood
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Published in issue 39/2023
In the first seven months of 2023, the German kitchen furniture industry achieved a 5.2% year-on-year turnover increase to €3.8bn. For the entire period of 2023, however, the Verband der Deutschen Küchenmöbelindustrie (VdDK),...
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Furniture
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Published in issue 39/2023
On 18 September 2023, Villeroy & Boch AG (Mettlach) signed binding contracts to acquire all operating companies of Ideal Standard Group (Brussels, Belgium). The sellers are funds managed by Anchorage Capital Group and CVC Credit....
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Companies
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Published in issue 39/2023
Austrian solid wood manufacturer Team 7 Natürlich Wohnen GmbH has invested a total of around €72m in its main site in Ried as well as the site in Pram, located around 15 km away. Of the sum of €47m invested in Ried during the...
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Published in issue 39/2023
Danish kitchen and bathroom furniture manufacturer TCM Group A/S (Holstebro) concluded the takeover of Aubo Production A/S (Aulum, Denmark) on 3 July 2023. With the acquisition of 100% of all shares in the manufacturer of...
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Published in issue 39/2023
Accumulated over the first five months of 2023, French furniture production declined by 4.3%. Compared to 2019, the decrease recorded per end of May amounted to more than 7%. According to data compiled by the French statistics...
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Furniture
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Published in issue 39/2023
Turnover in the French furniture trade declined by 9.0% year-on-year in June 2023. Market research institute Ipea (Paris) attributes the most significant decline of the year to date, in addition to the overall weak market...
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Furniture
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Published in issue 39/2023
Following an 11.3% decrease in the first half of 2023, over the first seven months the decline in German kitchen furniture exports intensified to a rate of -12.5% and a value of €1.417bn compared to the preceding year (Jan.-July...
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