Kronospan has acquired the ZG Timber factory in Sebeș from Ziegler Group. The acquisition ensures the continuation of operations at the Sebeș facility, preserving 500 local jobs following the insolvency of Ziegler Holding GmbH at the end of 2024. The acquisition agreement was signed on March 1, 2025, with the transaction expected to be completed by mid-year, pending regulatory approvals. Kronospan has committed to maintaining operations at the Ziegler factory while securing jobs, the company assured. As part of its strategy to enhance its product offerings, Kronospan will now incorporate sawn timber products into its global ...