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Editor’s pickWood Awards 2018 shortlist: Ovo Furniture Range

Wood Awards 2018 shortlist, Ovo Furniture Range

The range celebrates the age-old tradition of craftsmanship in everyday objects. Durability and careful detailing in the American black walnut and oak used have been combined with strong materiality to create a range that is tactile and generous. Fitting for both commercial and domestic spaces, the collection includes two variants of dining …

Canfor to acquire majority interest in VIDA Group of Sweden


Canfor Corporation has recently announced that it has entered into an agreement to purchase 70 per cent of the VIDA Group (“VIDA") of Sweden for a purchase price of 3,990 million Swedish Krona (approximately CAD$580 million) on a cash and debt free basis, which includes CAD$125 million (70 per cent) of normalised working capital. The current …

Trade fair success in Moscow: Weinig continues to focus on the Russian market


Lesdrevmash is the most important wood trade fair in Russia. The latest edition took place in Moscow at the end of October. As always in the past, Weinig was there as an exhibitor. The ongoing economic problems in the country and the additional burden on the investment climate caused by the decline of the ruble had given cause for concern. Despite …

Editor’s pickWood Awards 2018 shortlist: The Vortex, Bloomberg


The Vortex is a dramatic double-height space built out of American red oak at the main entrance of Bloomberg's new European headquarters. Its three inclined, curving timber shells are a literal and metaphorical twist on classic wood-panelled London lobbies. It is deliberately mysterious, responding to Bloomberg’s objective to create a …

Woodworking machinery: Consolidation in the third quarter 2018


The July-September period reaffirmed the current industry trend, characterized by consolidation after strong growth in 2017. After major investments in Italy and abroad in recent months, woodworking and wood-based materials companies finally have a new and updated fleet of equipment. As a result, the need to invest is now decreasing. This …

Canfor to Acquire Elliott Sawmilling Co., Inc.


Canfor Corporation announced it has entered into an agreement to purchase Elliott Sawmilling Co., Inc. located in Estill, South Carolina (“Elliott”) for a purchase price of US$110 million, which includes normalized working capital. The purchase price represents a 4.3 times EBITDA multiple based on Elliott’s twelve months …

Editor’s pickBIFA WOOD VIETNAM 2018: A resounding success


As the last visitors trickled out of the white tents where BIFA WOOD VIETNAM 2018 was held, the inaugural edition of the woodworking machinery and wood materials show officially drew to a close with a resounding success. Held from 24th to 27th October at Binh Duong province, the heart of Vietnam’s furniture production and woodworking …

BAU 2019: Wide-ranging programmes for the building trades


Because it covers the full spectrum of the building trades, BAU, the World´s Leading Trade Fair for Architecture, Materials and Systems, is the most important sector gathering for all those involved in the business of planning and construction. But it´s not just a the number one information and communication platform for planners and …

Editor’s pickWood Awards 2018 shortlist: Royal Academy of Music Theatre and Angela Burgess Recital Hall

Wood Awards 2018 shortlist, Royal Academy of Music Theatre and Angela Burgess Recital Hall

Shortlisted in the Education & Public Sector of the Wood Awards 2018, the Royal Academy of Music Theatre and Angela Burgess Recital Hall. Capable of sitting 309, the Susie Sainsbury Theatre now forms the heart of the Academy. Made of American cherry and European oak and inspired by the curved shapes of string instruments, it has been …