GERMANY – Henkel Adhesive Technologies, a global leader for adhesives, sealants, and functional coatings, has achieved a major sustainability milestone: all of its manufacturing sites in the Middle East and Africa (MEA) now operate on 100% renewable electricity....
GERMANY – Following Schattdecor’s recent announcement of Roland Auer’s resignation from his position due to personal reasons effective July 15, 2024, the CEO bid farewell to employees in an emotional letter. After more than 30 years with the company,...
DENMARK – Robert Bürkle GmbH, a global leader in presses and coating technologies, has restructured its sales in Denmark, ending its partnership with Nicholaisen A/S. Since June, Bürkle has teamed up with Homag Danmark A/S in woodworking machinery. Homag Danmark...
USA – Ikea, the Swedish furniture giant, is establishing a small-format store in a significant retail and office project on Fifth Avenue in New York City, an area where luxury brands have faced challenges post-pandemic, deterring shoppers. Ingka Investments, the...
USA – MasterBrand, a leading manufacturer of residential cabinetry in North America, has completed the acquisition of Supreme Cabinetry Brands Inc. from GHK Capital Partners LP for USD 520 million in cash. Dave Banyard, president and CEO of MasterBrand,...
