Sebeș, Romania - Kronospan, a leading manufacturer of wood-based products, is pleased to announce the acquisition of ZG Timber’s Sebes plant from the Ziegler Group. The acquisition ensures the continuity of operations at the Sebes facility, safeguarding 500 local jobs following the insolvency of Ziegler Holding GmbH at the end of 2024. The acquisition agreement was signed on March 1, 2025, with the transaction expected to be finalized by mid-year, pending regulatory approvals.

The acquisition underscores Kronospan’s strong dedication to both the local economy and its global operations. With the Sebes plant’s rich legacy, Kronospan is proud to secure the continued operation of this important facility, preserving the jobs of a skilled workforce and generating a positive social, environmental, and economic impact in the region. This move will also help to protect numerous indirect jobs across suppliers, subcontractors, and companies associated with the sawmill’s activities.

As part of its strategy to enhance its product offerings, Kronospan will now incorporate sawn timber products into its global portfolio. As a new addition, sawn timber products will complement the company’s existing production of wood-based panels, including particleboard (PB), medium-density fiberboard (MDF), and oriented strand board (OSB) at its Romanian plants in Sebes and Brasov. Furthermore, Kronospan plans to invest in modernizing the Sebes sawmill to further enhance its production capabilities.

In a time of economic challenges, this acquisition highlights Kronospan’s ongoing commitment to Romania as an attractive and competitive hub for wood products production. The company remains focused on expanding its operations, fostering innovation and sustainability through products with a negative carbon footprint, and providing high-quality products to customers worldwide.

About Kronospan
Kronospan is a leading manufacturer of wood-based panels and value-added wood products, with a presence in Romania since 1998. The company has invested over 600 million Euros in the country and currently operates two production plants in Brasov (OSB boards) and Sebes (PB and MDF boards), a logistics center in the Port of Constanta, and several wood collection and recycling centers across Romania.

Kronospan’s “Romanian Made” products are used both domestically and are exported to 75 countries worldwide, including regions such as Asia, the Middle East, and the Americas. With the acquisition of the Sebes sawmill facility, Kronospan expands its product range by adding sawn timber as a new product and strengthens Romania's position as a key player in the global wood processing industry.

Source: kronospan.com