Wood merger between Unilin and Spanogroup completed
Following approval by the European Commission the takeover is now complete. Today Spanogroup is an integral part of Unilin and part of the parent company Mohawk. The takeover is part of a long-term strategy and has resulted in a strong player at the European level. The new group safeguards the future of Unilin, Panels division and Spanogroup in a European market that is home to increasingly large-scale players.
ByLesprom Network
May 13, 2013. /Lesprom Network/. Following approval by the European Commission
the takeover is now complete. Today Spanogroup is an integral part of Unilin and
part of the parent company Mohawk. The takeover is part of a long-term strategy
and has resulted in a strong player at the European level. The new group
safeguards the future of Unilin, Panels division and Spanogroup in a European
market that is home to increasingly large-scale players, as the company said in
a press release received by Lesprom Network.
Unilin, Panels division, produces chipboard
and MDF panels, decorative panels and finished products. Spanogroup is a
leading producer and distributor of chipboard panels and melamine panels.
Spanogroup enables Unilin to expand its client
base in additional distribution channels. Alongside this there are clear
synergies between Unilin and Spanogroup. This provides opportunities for the
optimisation of the machinery and production processes, the raw materials and
operational efficiency. The Unilin and Spanogroup product range remains
unaltered, so all the products continue to be available.Unilin looks forward to
forming a strong team with the talent in the Spanogroup.
Unilin forms part of the American company
Mohawk Industries, Inc, which is listed on the New York stock exchange and is the leading supplier of
flooring products.
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