In March 2024, EGGER acquired a majority stake in the Italian recycling company Cartfer Urbania S.r.l. The previous owner, Sara Burani, will remain part of the company management. The experienced team of 8 employees will be taken over. The parties have agreed not to disclose the purchase price and further details of the transaction.

“Italy has an excellent recycling system. We can benefit greatly from this know-how thanks to our majority investment in Cartfer Urbania and the great expertise of its workforce. Our chipboard plant in Caorso (IT) uses 100% recycled wood. We can now make the valuable resource that is recycled wood even more readily available for our production in that location,” says Giuseppe Conti, Plant Manager Finance/Administration at the Caorso plant. 

Cartfer Urbania has been a specialized recycling company since 2017. For more than five years, it has also been a reliable supplier to the Italian wood-based material manufacturer SAIB in Caorso, which has been part of the EGGER Group since December 2022. This successful collaboration is now undergoing further intensification. The Cartfer Urbania site also offers scope for future expansion investments. “I am proud that Cartfer Urbania has joined the large EGGER family. This important step will allow our company to grow faster and to be able to face the upcoming challenges with more solidity. It is a great growth opportunity for all of us”, comments Burani.