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Unilin Group acquires Panneaux de Corrèze

Published on :Tuesday, November 30, 2021

Unilin Group recently announces the acquisition of Panneaux de Corrèze. The acquisition is part of Unilin Group’s strategic growth ambitions and allows its Unilin Panels division to better serve the French market. Panneaux de Corrèze produces approximately 150,000 m3 of raw MDF panels. The acquisition was completed on November 2.

The panel division of Unilin Group, Unilin Panels, is a European market leader. It has one other MDF panels production plant in France in Bazeilles. This acquisition will increase the company’s MDF panels production capacity and strengthen its position in France. This will allow Unilin Panels to offer the most innovative and complete range of MDF products of the best quality to the French market and to serve this market even faster and better.

Veronique Hoflack, President of Unilin Panels, said the following about the acquisition: “Unilin Panels aims to achieve 25% growth by 2025. We want to become the market leader in Belgium, the Netherlands and France. With the acquisition of Panneaux de Corrèze, we will offer our customers in France an even wider range of new product innovations and will improve our service even further. It allows us to do our bit to ensure a stronger and more sustainable future for our own employees and for all our customers in the French interior design and construction industry.”

Philippe Mocaer, President of Panneaux de Corrèze, responds enthusiastically: “Our company was looking for a strong industrial and commercial partner to continue our growth. Unilin Group is a dynamic company, with a lot of know-how, that is willing to invest in innovation. The integration of Panneaux de Corrèze into Unilin Group will allow us to develop our offer both qualitatively and quantitatively. We are therefore delighted to join forces with Unilin Group to better serve the market.”

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