Merger of Karelia-Upofloor and Kährs approved

Kährs and Karelia-Upofloor have received competition authorities´ approval to merge. Kährs and Karelia-Upofloor announced in October the intention to merge and create Europe’s leading wood floor producer. According to the agreement, the merger was conditional upon approval by relevant competition authorities. The condition has now been fulfilled and the merger has been completed.

For further information, please contact:
Bertel Langenskiöld, Managing Director: +358 (0)9 6818 560
www.kareliaupofloor.com
www.kährs.com