Parador
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Indian building material producer acquires German flooring giant Parador
The leading Indian building material producer HIL Limited, a subsidiary of the CK Birla Group, will acquire German flooring producer Parador from the previous main owner, NORDHolding Unternehmensbeteiligungsgesellschaft GmbH, for a cash consideration of €82.8million. The acquisition, which will be done through its wholly owned subsidiary HIL International GmbH, Germany, is subject to antitrust filings in Germany and other relevant regulatory approvals. Parador, which is a vertically integrated supplier of premium quality flooring solutions based Coesfeld, Germany and was founded in 1977, has two manufacturing facilities, one at Coesfeld in Germany and the other at Gussing in Austria. The €142.2 million turnover Parador makes resilient flooring, laminate and engineered wood floors, wall and ceiling panels, skirtings and related accessories and has long-standing relationships... Continue reading
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July 16, 2018
Indian building material producer acquires German flooring giant Parador
The leading Indian building material producer HIL Limited, a subsidiary of the CK Birla Group, will acquire German flooring producer Parador from the previous main owner, NORDHolding Unternehmensbeteiligungsgesellschaft GmbH, for a cash consideration of €82.8million. The acquisition, which will be done through its wholly owned subsidiary HIL International GmbH, Germany, is subject to antitrust filings in Germany and other relevant regulatory approvals. Parador, which is a vertically integrated supplier of premium quality flooring solutions based Coesfeld, Germany and was founded in 1977, has two manufacturing facilities, one at Coesfeld in Germany and the other at Gussing in Austria. The €142.2 million turnover Parador makes resilient flooring, laminate and engineered wood floors, wall and ceiling panels, skirtings and related accessories and has long-standing relationships... Continue reading
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Indian building material producer acquires German flooring giant Parador
The leading Indian building material producer HIL Limited, a subsidiary of the CK Birla Group, will acquire German flooring producer Parador from the previous main owner, NORDHolding Unternehmensbeteiligungsgesellschaft GmbH, for a cash consideration of €82.8million. The acquisition, which will be done through its wholly owned subsidiary HIL International GmbH, Germany, is subject to antitrust filings in Germany and other relevant regulatory approvals. Parador, which is a vertically integrated supplier of premium quality flooring solutions based Coesfeld, Germany and was founded in 1977, has two manufacturing facilities, one at Coesfeld in Germany and the other at Gussing in Austria. The €142.2 million turnover Parador makes resilient flooring, laminate and engineered wood floors, wall and ceiling panels, skirtings and related accessories and has long-standing relationships... Continue reading
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Indian building material producer acquires German flooring giant Parador
The leading Indian building material producer HIL Limited, a subsidiary of the CK Birla Group, will acquire German flooring producer Parador from the previous main owner, NORDHolding Unternehmensbeteiligungsgesellschaft GmbH, for a cash consideration of €82.8million. The acquisition, which will be done through its wholly owned subsidiary HIL International GmbH, Germany, is subject to antitrust filings in Germany and other relevant regulatory approvals. Parador, which is a vertically integrated supplier of premium quality flooring solutions based Coesfeld, Germany and was founded in 1977, has two manufacturing facilities, one at Coesfeld in Germany and the other at Gussing in Austria. The €142.2 million turnover Parador makes resilient flooring, laminate and engineered wood floors, wall and ceiling panels, skirtings and related accessories and has long-standing relationships... Continue reading