AAA February 2016 – Page 10

Swiss Krono to exit flooring company Välinge

Wood product manufacturer Swiss Krono Group Wood and wood panel subsidiary Kronospan are set to exit Sweden-based industrial R&D company Välinge by selling their stakes to investment firm KKR. Swiss Krono and Kronospan each hold 20% shares of Välinge which KKR will acquire alongside a 10% stake held by company founder Darko Perván. The amount… Continue reading Swiss Krono to exit flooring company Välinge