The acquisition is expected to close in the fourth quarter of 2020. Interfor curtailed operations at the Gilchrist specialty sawmill in June, citing COVID-19 related factors.

WATERFORD, N.Y.  –  Momentive  Performance Materials Inc. announced it will sell its Consumer Sealants business to Henkel. The sale includes the GE-branded consumer sealants, sold through home-improvement centers, major retailers and hardware stores. According to the release, excluded from the sale are the GE-branded construction sealants product line, which will remain a Momentive product.

The $110 million USD acquisition was announced in November 2018, with completion to take place in two phases, 49 percent being acquired at closing and 51 percent acquired one year later.

FIGINO SERENZA (COMO), Italy - Finishing solutions specialist Giardina Group has acquired De Stefani Valerio & C snc, a sanding manufacturer based in Giussano, Italy.

LOGAN, Utah—Home furnishings and bedding specialist Malouf has increased its distribution space to 4 million square feet following the recent acquisition of a nearly 500,000-square-foot warehouse building in Lenoir, North Carolina. Located adjacent to its current distribution center, Malouf said the facility acquisition is a result of the company’s growing product line and to support its same-day shipping policy. 

Bedding specialist Malouf's acquisition of Salt Flat adds furniture manufacturing capabilities of more than 500 initial SKUs across six categories: living room, dining room, bedroom, outdoor, storage and office.

MEYLAN, France - Paint and high-viscosity products provider SAMES Kremlin has finalized its strategic acquisition of bonding equipment specialist Eisenmann Intec. The news and naming of iNTEC SAMES Kremlin was announced early April by SAMES Kremlin and its parent firm EXEL. EXEL Industries signed an agreement to acquire 100 percent of the German-based Eisenmann Intec GmbH & Co. KG back in late December. The iNTEC site at Erftstadt, near Cologne, is being retained with all the staff in Germany and abroad. The primary market for iNTEC is automotive.

Residential furnishings manufacturer Twin Star Home has acquired TK Classics, a designer and manufacturer of outdoor furniture, including upholstered seating, dining tables, bars and accessories. Terms of the transaction were not disclosed.

The combined companies have sales of approximately $200 million. Details of the transaction were not disclosed.

The $163 million acquisition includes mills in Cross City, Florida, and Glenwood and El Dorado, Arkansas. Plans call to reopen the recently idled El Dorado facility.