ROMANIA – Kronospan, the world’s largest manufacturer of wood-based panels, has officially completed the acquisition of the ZG Timber sawmill in Sebeș, formerly part of the insolvent Ziegler Group, according to local press. The deal secures ongoing...
CHILE – Arauco posted revenues of USD 1,509.5 million in the third quarter of 2025, an 11% decline compared with the same period in 2024. The company recorded a net loss of USD 0.2 million, reversing USD 230.8 million in profits earned a year earlier,...
USA – Akzo Nobel and Axalta have announced a definitive all-stock merger agreement, creating a new global coatings leader with an estimated enterprise value of USD 25 billion and combined annual revenue of USD 17 billion. Under the terms of the deal,...
THAILAND – Siempelkamp has strengthened its footprint in Southeast Asia with the opening of a new office in Bangkok in early 2024, its third location in the region after Singapore (1989) and Kuala Lumpur (2007). T he expansion aims to enhance customer support,...
AUSTRIA – Fritz Egger has retired from his role as Chairman of Egger’s Supervisory Board after celebrating his 75th birthday on November 15. Walter Schiegl, a former member of Egger Group Management and Supervisory Board member since 2022, has been...
