In the first quarter of 2012 the investment company Hal Holding was confronted by a 7.2% decline in turnover to €385m in its other consolidated subsidiaries division. Following adjustments to account for acquisitions, divestments and ...
Tags: Hal Holding, turnover, timber trading, decline
Acimall aims to make a decision on the future venue for the Xylexpo trade fair, which until now has always been held in Milan, at the latest by the end of 2012. At the end of September 2011, Acimall had commissioned a comparison of the four ...
Tags: acimall, Xylexpo trade fair, Italy, exhibition, decision
The turnover of the Swedish chain of DIY stores Byggmax increased by 22.2% to SEK451.4m in the first quarter of 2012 vis à vis the same period last year. This increase in turnover is partially due to the opening of new stores. ...
The German wood processing machinery supplier Homag Group boosted its order intake by another 3.5% to €156.6m in the second quarter of 2012. New orders had fallen 9% in the first quarter as the company was unable to replicate strong ...
Tags: wood processing machinery, Homag Group, order, boost, German
UPM-Kymmene has started exclusive negotiations with the joint venture formed by a company from the VPK Packaging Group and Klingele Papierwerke on the sale of assets of the French paper mill Stracel. The takeover offer is subject to the ...
Tags: UPM-Kymmene, VPK Packaging Group, Klingele Papierwerke, Stracel
The upward trend in turnover and results seen at Kingfisher since the beginning of 2011 stalled in the first quarter of the 2012/2013 financial year. In the period February to April, revenues showed year-on-year decline of 3.6% to ...
Tags: Kingfisher, turnover, financial year, decline, UK
Turnover of the French tropical timber group Rougier reflected a first marginal decline in turnover again in the first half of 2012. At an amount of €73.8m, the group was just 0.5% short of last year's turnover. In this context ...
Tags: turnover, French, tropical timber, Rougier
The DIY-store group Praktiker and its major shareholders achieved a compromise at the shareholders' meeting on 4th July 2012. Thus the Praktiker executive board got agreement for its restructuring concept drafted essentially in ...
Tags: Praktiker, German, shareholders'meeting
Demand for blockboard has improved a little again since the end of July, following rather subdued business in the weeks before. Manufacturers reported a slightly better demand from industrial clients again, in particular. Demand from trade ...
Tags: blockboard, sales, manufacturer, data
The Russian birch-plywood manufacturer OAO Parfino Faneri Kombinat (PFK) is to be sold at auction in August 2012. The company is currently owned by its former main creditor, the Russian bank Sberbank. Management of PFK's operational ...
Polyrey International has reported that a fire broke out at its site in Couze, Lalinde on 2 August. Managing director Gilles Rabot reported that a technical defect had been the cause. No significant damage occurred. Clean-up work will ...
Tags: Polyrey, fire, return to regular, French, shaving board, product
The Chilean wood-based panels producer Maderas y Sinteticos (Masisa) has reached a deal with the Mexican firm Grupo Kuo to acquire the assets of the particleboard and laminate manufacturer Rexcel. As the Particleboard strategic business ...
Tags: Chilean, Mexico, wood-based panels, acquire
Companies belonging to the Swedish Karlit group filed a bankruptcy application with a court in Uppsala after restructuring attempts made in recent weeks led down a dead-end street. A court-led reorganisation (Företagsrekonstruktion) ...
Tags: Swedish, Karlit group, bankruptcy, MDF
The investment firm Atlantik is poised to acquire the German wood-based panels group Pfleiderer, which has been insolvent since 28 March. Atlantik has little history in the private equity and wood-based panels industries. The transaction is ...
Tags: investment firm, Atlantik, German, wood-based panels, Pfleiderer, acquire
The 74th Conference on Glass Problems, scheduled for October 14-17 in Columbus, Ohio, currently is seeking abstracts for the event. Topics of interest are glass melting, refractories, process control and modeling, safety and emission, raw ...
Tags: conference on glass problems, abstract submission, glass melting