Homann Holzwerkstoffe GmbH acquired a qualified minority stake in wood-based panel producer Nile Wood SAE, based in Sadat, Egypt, through a holding interest in Global MDF. As part of a joint venture with Egypt Kuwait Holding S.A.E. (EKH), which is listed on the Egyptian and Kuwaitistock exchanges, Homann Holzwerkstoffe is thus entering the fast-growing African and Middle East market. Egypt alone, with a population of around 105 million, offers considerable sales potential for the products of Nile Wood SAE. A subsidiary of EKH, Nile Wood SAE focuses on medium-density fibreboards (MDF ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!