Companies in the timber industry / Daily News / Global Trends / Wood flooring / Wood Products / Wood-based panels / Europe / Global / North America
May 3, 2022
Bauwerk Group acquires Somerset Hardwood Flooring
Swizerland-based Bauwerk Group AG has announced the acquisition of Somerset Hardwood Flooring, a vertically integrated forest products company based in Somerset, Kentucky, effective May 1. With the acquisition, Bauwerk Group AG strengthens its global profile and gains a stronger foothold in the growing North American flooring markets. Somerset Hardwood Flooring has an established brand and market position in the U.S. with a strong presence in the relevant sales channels. Known for its solid hardwood flooring, Somerset Hardwood Flooring will be able to benefit from Bauwerk Group's expertise in multilayer engineered hardwood flooring. The ...
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