CHILE - Falabella informed that it will sell to Parque Arauco the Open Plaza Kennedy shopping center and the entity that operates the Courtyard Hotel by Marriott inside the center, in Las Condes, Santiago. Falabella’s CEO, Alejandro González, stated that this move...
ITALY - Salice, the Italian manufacturer of furniture fittings, has acquired Atim S.p.A., an Italian specialist in aluminum-based hardware solutions. This acquisition will enhance Salice's portfolio with innovative designs, including extendable tables and...
SWITZERLAND - Technische Fachschule Bern (TF Bern), founded in 1888 in Switzerland, is renowned for blending technical training with real-world production. With 650 trainee spaces, TF Bern offers hands-on experience by creating custom furniture and interior fittings....
ECUADOR - Aglomerados Cotopaxi, one of Ecuador's leading forest products companies , recently hosted a significant discussion in partnership with FSC Ecuador to highlight the country’s pivotal role in sustainable forest management. Ecuador’s extensive forest coverage,...
CHILE – Masisa, one of the leading wooden panel manufacturers in South America, reported sales revenue for the first half of 2024 (6M-2024) was USD 140.4 million, down 12.6% from the same period last year (USD 160.7 million). This decline was due to lower...
COLOMBIA - In the first half of 2024 (6M-2024), Colombia experienced a notable increase in its particleboard (PB / MDP) imports. The total value of imports reached USD 84.99 million, reflecting a 15.9% rise compared to the same period in 2023. This growth is...
GERMANY - Altendorf, a leading manufacturer of sliding table saws, has been honored with the "Brand of the Century" award by "Die Deutsche Wirtschaft," joining the ranks of BMW, Miele, and Faber-Castell. This prestigious award recognizes Altendorf’s exceptional brand...
INDIA - Greenply Industries and Samet have launched their joint venture, Greenply-Samet, marking a significant milestone in the Indian furniture hardware market. Officially named Greenply Samet Private Limited, this new venture began operations on October 26, 2023,...
CHILE - From January to June 2024 (6M-2024), Chile's exports of particleboard (PB / MDP) faced a significant downturn, totaling USD 44.5 million. This represents an 18.5% decrease compared to the same period in 2023, when exports amounted to USD 54.6 million. A closer...
ECUADOR - In the first half of 2024 (6M-2024), Ecuador saw an increase in imports of decor paper for wooden panels, reaching a total value of USD 16.44 million. This represents an 8.7% rise compared to USD 15.12 million during the same period in 2023. Spain remained...
NETHERLANDS - Inter Ikea Group has agreed to acquire Ikea retail operations in Estonia, Latvia, and Lithuania, including three full-size stores, five smaller customer points, e-commerce, and Digital Retail Development. The deal, subject to regulatory approval, is set...
USA - The Home Depot, the world's largest home improvement retailer, reported second-quarter fiscal 2024 (2Q-2024) sales of USD 43.2 billion, up 0.6% from 2Q-2023. This includes USD 1.3 billion from the recent acquisition of SRS Distribution Inc., representing about...
