Looking for a specific product?

Make a search for products & suppliers, articles & news.

Boen AS and Bauwerk Parkett AG merge to form Bauwerk Boen Group

The new group will be Europe’s leading provider in the premium segment and the second-largest player in the wood flooring market with combined sales of around EUR 230 million.

Picture: Thorleif Hals, CEO of Boen: “I have not in my 30 years of international experience seen such a merger between two of the strongest players in a market segment with so many upsides for customers.”

 

Boen AS (“Boen”) from Kristiansand/Norway and Bauwerk Parkett AG (“Bauwerk”) from St. Margrethen/Switzerland are merging under the name Bauwerk Boen Group. The expansion of the complementary market positions of the two brands will strengthen the competitiveness of the group and provide customers with a wider range of high quality wood flooring products.

The new group will be headquartered in Zurich/Switzerland and will be run by an executive management team made up by 7 members from the two former management teams and headed by the former Bauwerk CEO Klaus Brammertz. Thorleif Hals, CEO of Boen, will be Head of Integration and Deputy CEO. 

In the last financial year the two companies produced a combined volume of more than 8 million square meters of wooden floor coverings, employed some 1,400 people and generated sales of around EUR 230 million. Once the transaction has been completed, the current owners of Boen, the Johan G. Olsen Group, and Bauwerk, Zurmont Madison and EGS Beteiligungen AG, will each hold around one-third of the new group.   
 

 

To read more, please visit the Boen Bruk website.

Associated companies:


Related news

Latest news

Hatteland Display Releases New Large Format 4K Screen

Hatteland Display Releases New Large Format 4K Screen for ECDIS and Bridge System Applications. The new 32” Ultra High Definition model enables multi-application data to be viewed clearly from a single operator station.

Deck Equipment Contract for Palfinger Marine

PALFINGER MARINE has signed a contract with Simek in Norway to deliver the complete winch package onboard their newbuilding 134, a longliner vessel.

New contract: Windcat 41 - no 17 in the Servogear series

Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP)  for their new vessel Windcat 41. 

Seacat Enterprise to be launched January 12th

Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.

57 million NOK for innovation to combat poverty

Norsafe Signs Contract with the Swedish Coast Guard (KBV)

On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.

A Unique Second-generation Tomograph is Developed

A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.

Sohome launches a new website

Sohome has launched a new website that makes it easier to find key information. 

Sohome AS receives orders for Johan Sverdrup Project

Sohome AS is proud to be a sub-contractor to Intelecom AS for the Johan Sverdrup Project.