Thursday, July 3, 2025
Kronospan ApS has announced the completion of its acquisition of the remaining 50% of shares in Nordalim A/S from Dynea A/S, finalised on July 1st, 2025. This strategic acquisition grants Kronospan full ownership of the Danish-based chemical producer, marking a key step in the company’s long-term growth strategy.
The move strengthens Kronospan’s commitment to the chemical market for the wood panel and construction industries. With the acquisition, Kronospan plans to fully integrate Nordalim A/S into its global operations, expanding its capacity for innovation and enhancing supply chain efficiency.
Strengthening Chemical Production and Innovation
“We are excited to take full ownership of Nordalim, A/S,” said Ms. Vivita Vavere-Ozola, CEO of Kronospan’s Baltic Holdings. “This acquisition enhances our ability to innovate our chemical production technologies while improving the supply chain efficiency and service to our customers.”
The acquisition reflects Kronospan’s ambition to become more competitive in the global chemical market. The company aims to enhance its chemical production and expand its service capabilities, all while maintaining high standards in customer service and supply chain management.
Acknowledging Dynea A/S for Successful Partnership
Kronospan has expressed its gratitude to Dynea A/S for its years of productive collaboration. The partnership has played a crucial role in the success of both companies, contributing to their growth in the chemical production sector.
Kronospan is one of the world’s leading manufacturers of wood-based panels and value-added products. The company serves a broad range of industries, including interior design, furniture, and construction.
Expanding Global Operations
Since Kronospan’s inception in 1897 with a single sawmill, the company has evolved into a global leader. Today, Kronospan operates over 40 production sites and 21 distribution centres across 28 countries, employing more than 15,000 people worldwide. This extensive network supports the company’s leadership in the wood panel industry and beyond.
The acquisition of Nordalim A/S strengthens Kronospan’s market position, offering expanded production capabilities in the chemical sector, which is vital for the wood panel and construction industries.
Pioneering Product Development and Innovation
As a leader in technical development, Kronospan has pioneered many significant advances within its industry. The company is committed to maintaining its leadership in product development and innovation. This acquisition will provide further resources to enhance the company’s capacity for cutting-edge chemical production.
“We will continue to lead product development and innovation into the future,” said Ms. Vavere-Ozola. Kronospan’s dedication to innovation ensures its customers receive the highest quality wood-based products, value for money, and outstanding service.
Environmental Responsibility and Sustainable Practices
Kronospan has a long-standing commitment to sustainability. The company continually strives to minimise its environmental impact while offering high-quality products. By expanding its production and capabilities, Kronospan also aims to create solutions that support sustainable practices within the woodworking industry.
Kronospan’s operations and product development align with its mission to meet the ever-evolving needs of customers in the wood panel, furniture, and construction sectors. The company’s ability to adapt and innovate ensures its products remain at the forefront of design and quality.
Looking Ahead: A Future of Innovation and Leadership
With the acquisition of Nordalim A/S, Kronospan is now better equipped to continue its leadership in the wood-based panel industry. The acquisition enhances its technological capabilities and enables the company to serve its customers with even greater efficiency and expertise.
Kronospan is focused on maintaining its status as an industry leader, ensuring its customers benefit from the best products, services, and innovations the company has to offer.
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