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Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global
October 21, 2022

Carlyle to acquire Garnica Plywood

Carlyle to acquire Garnica Plywood
Global investment firm Carlyle has agreed to acquire a majority stake in Grupo Garnica Plywood, S.A., a leading global manufacturer of premium plywood solutions, from ICG and certain shareholders, some of whom will retain a stake in the business, including the Garnica family and the management team. The transaction is subject to customary regulatory approvals and is expected to close by early 2023.    Carlyle will partner with the Garnica family and the management team led by Christian Michel to support the business through its next stage of development by investing to drive growth in premium ...

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