The two businesses will become part of Kadant’s Industrial Processing segment.
M&A
Darmac offers complete framing packages, including both material supply and on-site installation, operating from its 40,000 square foot facility with over 50 employees.
Closing of the transaction is expected by end-2025.
This includes the acquisition of know-how, technical drawings, and any other intangible assets.
This strategic move reflects Kronospan’s ongoing commitment to strengthen its position in the chemical market for wood panel and construction industries.
Closing is expected to take place later in the year, subject to the completion of standard regulatory approvals.
This strategic acquisition reinforces NorDan’s commitment to strengthening its presence in the UK entrance door market.
New facility can produce enough lumber for 14,000 homes and reserves 40 hectares for mass timber expansion.
Combination will capture significant commercial and cost synergies, accelerate James Hardie’s revenue and EBITDA growth and drive robust free cash flow generation.
As part of the agreement, the world’s first industrial AeoniQ plant will be constructed at Altri’s Caima pulp mill. Construction is expected to begin in 2026 with an initial capacity of 1,750 tons per year.
Jauquet Lumber Co Inc. is a family-owned business based in Green Bay, Wisconsin.
Cash proceeds will be allocated to debt repayment.
With this acquisition, PALM strategically strengthens its position in the European corrugated packaging market and expands its geographical footprint in France, Spain and Portugal.
Net proceeds of $699 million fund $1.00–$1.40 per share special dividend and share buybacks.
Taranis informed the parties of its decision to withdraw from the transaction, considering that the conditions were no longer met within a timeframe already extended by several months.
Due to the strained economic situation in Turkey and the country's excessive inflation, as well as the massive demands of the trade union, Rondo Ganahl has decided to sell the plant and withdraw from the Turkish market.
ST Group expands U.S. tissue production footprint.
With four new facilities, Sofidel further strengthens its production footprint in the North American market, which today accounts for 50% of the Group's total revenue.
Twin Falls site adds lamination, cut-to-size, and distribution services for RV and housing sectors.
CreaPak will become part of OptiGroup’s packaging business in Finland and will continue to operate under its current brand CreaPak. The purchase price has not been disclosed.