USA – MasterBrand, Inc and American Woodmark Corporation, two of the largest kitchen furniture manufacturers in North America, have signed a definitive agreement to merge through an all-stock transaction, creating a combined company with a pro forma equity value...
ITALY – Wirutex, a leading manufacturer of polycrystalline diamond and tungsten carbide tools for processing wood and advanced materials, has obtained ISO 9001:2015 certification, a milestone reached in March 2025. The certification validates the company’s...
PANAMA – Inter Ikea Systems B.V., owner of the Ikea Concept and global franchisor, has signed franchise agreements with Sarton Group to develop operations in Panama and Costa Rica. The move marks another step in Ikea’s expansion across the Americas....
BELGIUM – In a decisive move to protect European jobs and ensure fair competition in the wood flooring sector, the European Commission has imposed definitive anti-dumping duties ranging from 21.3% to 36.1% on imports of multilayered wood flooring...
CHINA – Ingka Group, the largest Ikea retailer, has officially launched its online store on JD.com, aiming to expand its reach in China with its home furnishing products and expertise. The platform will offer more than 6,500 items across all categories, with...
