Kronospan Inc buys Clarion Boards and Clarion Laminates

Ene 11, 2016 | Board Manufacturers | 0 comments

U.S. – Kronospan Inc. (Eastaboga, Alabama) recently announced the completion of the acquisition of Clarion Boards Inc. and Clarion Laminates LLC, located in Shippenville, PA. 

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Clarion Boards and Clarion Laminates are significant manufacturers of MDF / HDF and laminate flooring in North America. Kronospan, the number one producer of wood-based panels worldwide considers the acquisition as a strategic first step into the North American laminate flooring market. Clarion’s range of products will complement products produced by Kronospan’s European facilities.

Kronospan, based in Austria, already operates a facility in Alabama that produces MDF and HDF for manufacturers of laminate flooring, furniture, store fixtures, mouldings, doors and other architectural applications. Terms of the acquisition, announced on Dec. 17, were not released. Kronospan said Clarion’s companies will continue to be managed by their current boards and management.

 

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