{"id":74886,"date":"2017-05-26T08:49:16","date_gmt":"2017-05-26T08:49:16","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/kastamonu-buys-italys-third-largest-particleboard-producer\/"},"modified":"2025-09-19T08:47:05","modified_gmt":"2025-09-19T08:47:05","slug":"kastamonu-buys-italys-third-largest-particleboard-producer","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/kastamonu-buys-italys-third-largest-particleboard-producer\/","title":{"rendered":"Kastamonu buys Italy’s third largest particleboard producer"},"content":{"rendered":"

Turkish Kastamonu Entegre has acquired Italian Gruppo Trombini in May. This acquisition along with its last investment, places Kastamonu Entegre\u2019s foreign investments to be more than EU800 million.<\/strong><\/em><\/p>\n

Gruppo Trombini was founded in 1962 at Ravenna in Northeast Italy. The company has two particleboard facilities - one in Pomposa with a capacity of 480 thousand cubic meters annually and another in Frossasco with a capacity of 320 thousand cubic meters per year \u2013 totaling an\u00a0annual 800 thousand cubic meters. With the addition of the Italian market, Kastamonu Entegre aims to target 20% of the market share in the country and will start running these facilities in 2018.<\/p>\n

The negotiations started in the first quarter of 2017 and Kastamonu Entegre\u2019s CEO, Haluk Yildiz, said, \u201cWe continue to increase our global scale production capacity. By having purchased the third largest particleboard producer of Italy, we have added Italy to our investments in Romania, Bulgaria, Bosnia- Herzegovina and Russia. Hence, our foreign investments reached a total amount of \u00a0EU800 million<\/em>\u201d.<\/em><\/p>\n

Yildiz also emphasised that with Italy at the center of fashion and design, it is the fourth big furniture producer of the world. \u201cThe size of the Italian furniture market is 20 million,<\/em>\u201d he said.<\/p>\n

Furniture exports amount to about US$10 million. And as one of the biggest producers in the world, Kastamonu Entegre is proud to become a producer in Italy where they have only been exporting, Yildiz explained.<\/p>\n

\u201cWe wish that this acquisition which will mark a new jumping point for our company, would be beneficial for our sector and our company,\u201d he said.<\/p>","protected":false},"excerpt":{"rendered":"

Turkish Kastamonu Entegre has acquired Italian Gruppo Trombini in May. This acquisition along with its last investment, places Kastamonu Entegre\u2019s foreign investments to be more than EU800 million. Gruppo Trombini was founded in 1962 at Ravenna in Northeast Italy. The … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":49943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4715],"tags":[3513,3514,3326],"class_list":["post-74886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-italy","tag-kastamonu","tag-particleboard","topic-wood-based-panels","area-europe"],"acf":[],"yoast_head":"\nKastamonu buys Italy's third largest particleboard producer<\/title>\n<meta name=\"description\" content=\"This acquisition along with its last investment, places Kastamonu Entegre\u2019s foreign investments to be more than EU800 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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