ITALY – The 2021 FSC Furniture Awards aim to identify and reward FSC-certified companies that have their headquarters in Austria, Bosnia and Herzegovina, Croatia, Czech Republic, Germany, Italy, Poland, San Marino, Serbia, Slovenia, United Kingdom and have product groups W12 (indoor furniture) or W13.1 (garden furniture), or W13.7 (other outdoor furniture and garden products) within the scope of their certificate and have produced and sold with an FSC claim at least one FSC-certified wooden indoor or outdoor furniture product during the last three years.
Bush, Bestar Adopt New Brand Name
USA – Bestar, who acquired Bush Industries Inc. at the beginning of 2020, announced its new corporate brand, eSolutions Furniture Group.
American Woodmark Announces Fiscal Quarter Results
USA – American Woodmark Corporation, one of the largest kitchen cabinet manufacturers in North America, announced results for its fourth fiscal quarter ended April 30, 2021.
TVILUM acquires Steens
DENMARK – To further strengthen its position as a global player in the ready-to-assemble furniture market, Tvilum has acquired Steens Group.
Nobilia inaugurates modern kitchen plant in Saarlouis
GERMANY – Nobilia, the largest European kitchen manufacturer, recently opened its new plant V, located in the Lisdorfer Berg industrial park, in Saarlouis, Germany, with an area of more than 100,000 m2.
Colombian furniture exports increase 49.4% in 1Q-2021
COLOMBIA – In the period January – March 2021 (1Q-2021), Colombia exported wooden furniture for USD 12.1 million, which represents a strong improvement of 49.4 percent compared to the same period of the previous year, when wooden furniture exports reached USD 8.1 million.
Birth of new French furniture giant Alpagroup
President and CEO of Steelcase, Announces Retirement
USA. – Steelcase President and CEO Jim Keane, announces he will be retiring on January 7, 2022, after 25 years with the company, including more than seven years as CEO.
Herman Miller signs agreement to acquire Knoll
Herman Miller signs agreement to acquire Knoll
USA – Herman Miller, Inc. and Knoll Inc. announced that they have entered into a definitive agreement under which Herman Miller will acquire Knoll in a cash and stock transaction valued at USD 1.8 billion.
Colombian furniture exports maintain positive dynamic
COLOMBIA – In the January – February 2021 period (2M-2021), Colombia exported wooden furniture for USD 7.78 million, which represents a very strong improvement of 55.5 percent compared to the same period of the previous year, when wooden furniture exports reached USD 5.0 million.
Main Cabinet Manufacturers expand sales in pandemic
USA – Sales of the FDMC 300 wood products companies reached USD 57.8 billion in 2020, a slight increase of 1.25 percent over the previous year.
Platinum Equity to Acquire Cabinetworks, largest kitchen cabinet manufacturer in North America
USA – Platinum Equity announced that it has entered into a definitive agreement to acquire The Cabinetworks Group from American Industrial Partners and other equity holders.