GERMANY – Nobilia, the largest kitchen cabinet manufacturer in Europe, has purchased a 30-hectare area in Saarlouis and will begin building a new manufacturing plant there.
Spanish Furniture Exports up 2.4% in 2017
SPAIN – According to ANIEME, during 2017 exports of Spanish furniture exceeded EUR 2,113 million, a 2.4% increase compared to furniture exports registered in 2016.
Nobilia exports up 8% in 2017
EUROPE – Nobilia, the largest European kitchen furniture manufacturer, increased its sales last year by 3.4% to € 1.126 billion.
Haworth sales exceed USD 2 billion in 2017
U.S. –Furniture manufacturer Haworth, Inc. announced 2017 global sales of USD 2.04 billion, a 5.3% increase from 2016 that was fueled by growth in every region of the world.
Danish investor group takes control of insolvent Tvilum
DENMARK –Tvilum, one of the largest global RTA furniture manufacturers, filed for bankruptcy on February 2 ceasing production in its plants in Farvang and Kjellerup, Denmark.
RTA Muebles Invests USD 500K in its sustainable development
COLOMBIA – The manufacturer of ready-to-assemble furniture RTA Muebles (formerly RTA Design) recently put into operation significant investments at its plant in Yumbo, Valle del Cauca.
Todeschini’s Factory Expansion in Bento Gonçalves Is Authorized
BRAZIL – The State Foundation for Environmental Protection (Fepam) issued last Thursday the installation license that authorizes the start of the expansion works of the Todeschini furniture factory in Bento Gonçalves.
Häcker Küchen Achieved Record Sales in 2017
GERMANY – With its sales growth of 8% to € 550 million worldwide in 2017 (2016: € 512 million) Häcker Küchen, one of Germany’s largest kitchen furniture manufacturers, has developed better than the industry average.
Brazil’s furniture sector showing signs of recovery
BRAZIL – After a difficult first half of 2017 for the furniture industry in Bento Gonçalves, the figures collected by the Commercial Intelligence department of the Bento Gonçalves Furniture Industry Association (Sindmóveis) show signs of recovery by the year’s end.
Knoll to Acquire Muuto for USD 300 million
USA – Knoll, Inc. and Muuto announced that Knoll, Inc. has signed a definitive agreement to acquire Muuto, the Copenhagen-based designer and provider of affordable luxury furniture, lighting and accessories for the workplace and home for USD 300 million.
Steelcase Announces Definitive Agreement to Acquire AMQ Solutions
U.S.- Steelcase Inc. announced the pending acquisition of AMQ Solutions, a California-based provider of height adjustable desking, benching and seating for workstations in the open plan, collaborative environments and training rooms.
Alno Kitchens to Shut Down After Unsuccessful Sales Process
GERMANY – The insolvency administrator of Alno AG, one of the largest kitchen manufacturers in Germany, has announced that the group is set to permanently shut down after the last interested potential investor of the business pulled out of negotiations without making an offer.