ITALY – Scm Group, a leading multinational in technologies for machining wood and other materials, recently signed an agreement with Tecno Logica to take over control of its share capital. This is a strategic operation which expands the range of products and...
BELGIUM – In 2023, European production of wood-based panels experienced a notable decline of 6.3%, as reported by the European Panel Federation (EPF). This decrease was deemed disappointing according to the latest statistics released in the EPF’s Annual Report...
MEXICO – The Chilean home improvement chain Sodimac has significantly bolstered its presence in Mexico with the inauguration of its 14th store in Monterrey, encompassing an expansive sales area spanning 8,400 square meters. This latest addition strategically...
USA – The Home Depot, the world’s largest home improvement retailer, has successfully finalized the acquisition of SRS Distribution, Inc. (SRS) for a total enterprise value of around USD 18.25 billion. SRS operates as a leading distributor in residential...
AUSTRIA – Julius Blum GmbH, a leading Austrian manufacturer of high-quality kitchen and furniture hardware, has published its first sustainability report for the 2022/2023 fiscal year. This extensive report, spanning more than 90 pages, comprehensively details...
