New Zealand Panels Group completed the acquisition of Acero.

New Zealand Panels Group, a manufacturer of melamine, veneer, HPL and acrylic decorative panels, completed the acquisition of Acero, a company that manufactures and distributes mercer sinks and stainless benchtops. Financial terms were not disclosed. “This acquisition will improve service levels to the joinery industry and makes NZ Panels Group a one stop shop, offering everything joiners and fabricators need, including the kitchen sink", Lou Cadman, NZ Panels Group Chief Executive Office.