January 14, 2019
Kronospan seeks to expand in Ukraine with the acquisition of a MDF company
Wood panels producers worldwide consider speeding up the expansion on the market in Ukraine, through building their own production facilities within the country, or the acquisition of existing players. As reported by Wood-based Panels International (WBPI), panel makers from around the world are eyeing the Ukraine as a possible country for expansion of their panel making capacities. For example, Austrian-headquartered Kronospan aims to become a leading player in the Ukrainian market for panels, which could be achieved by the acquisition of MDF maker Korosten, one of Ukraine’s leading MDF producers, which is owned ...
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