GERMANY – Travel to Ligna 2025 fairgrounds free of charge and CO₂-neutral within the greater Hanover area, thanks to the new Climate Ticket, available from March 21, 2025. Deutsche Messe, in collaboration with the ÜSTRA network, is making a significant move toward...
Koskisen Enhances Production with AI in Partnership with Raute
FINLAND – Koskisen, a Finnish leader in wood processing, is advancing its production with AI-driven technology, enhancing its high-quality products such as sawn timber, plywood, and chipboard. In 2023, the company reported a turnover of EUR 271 million, underscoring...
Sodimac Opens New Store in Peru
PERU – Sodimac continues its expansion in Peru with the opening of a new store in Chacarilla, Lima, solidifying its leadership in home improvement and construction solutions. The store, located at Av. Caminos del Inca 100, spans 3,624 m² and has created over 130 jobs,...
KCD Software Acquires CADCode Systems to Enhance CNC Solutions
USA – KCD Software, a leading provider of software solutions for custom cabinet and closet professionals, has announced its acquisition of CADCode Systems, a developer of advanced CNC machining software. This move strengthens KCD Software’s portfolio and reaffirms its...
Hettich Group Reports Strong 2024 Growth
GERMANY – The Hettich Group, a leading manufacturer of furniture fittings headquartered in Kirchlengern, Germany, reported sales of EUR 1.4 billion in 2024, a 12% increase from the previous year, following its merger with FGV. International sales accounted for 80% of...
European Woodworking Machinery Set for Recovery
GERMANY – Markus Hüllmann, Chairman of the VDMA Woodworking Machinery Association, provided an optimistic outlook for the woodworking machinery sector at the press preview for Ligna 2025. Despite economic challenges and global competition, Hüllmann believes European...
Eucatex Sales Increase, Profits Drop in 2024
BRAZIL – Eucatex reported strong sales growth in 2024, but profits declined compared to the previous year. In the 4Q-2024, sales totaled BRL 753.6 million, a 13.6% increase from BRL 663.1 million in 4Q-2023. In the Industry and Resale segment, which includes...
FSC Unveils Platform to Optimize Brand Management
GERMANY – The Forest Stewardship Council (FSC) will launch the FSC Brand Hub on April 3, a user-friendly platform designed to streamline trademark management, marketing resources, and brand assets for all FSC stakeholders. Developed with input from users worldwide,...
Laminate Flooring Sales Stabilize in 2024
BELGIUM – Laminate flooring sales stabilized in 2024 following years of market fluctuations, with a slight decrease compared to 2023. Despite inflation and rising material costs, laminate flooring remains strong in the construction market. Total sales by the European...
Ikea opens Oxford Street store on 1st May
UNITED KINGDOM – Ikea will open its highly anticipated Oxford Street store on May 1, 2025, following a three-year renovation of the Grade II-listed building at 214 Oxford Street in central London. The new store will span three floors, covering 5,800 m² of retail...
Innergy Acquires Microvellum
USA – Innergy, a leading ERP software provider for custom millwork and cabinetry manufacturers, has acquired Microvellum, a pioneer in woodworking design software. This strategic acquisition unites two industry leaders, promising improved efficiency, integration, and...
Dexco Publishes 2024 Results
BRAZIL – Dexco, the largest wood panel manufacturer in Brazil, reported a 5.9% increase in consolidated revenue for 4Q- 2024, reaching BRL 2,064.2 million. This growth was driven by strong performance in the Metals and Sanitary Ware division, benefiting from a richer...