SWISS KRONO Group to acquire Argolite.

SWISS KRONO Group, a provider of laminate flooring planks company, agreed to acquire Argolite, a manufacturer of HPL (High Pressure Laminate). Financial terms were not disclosed. Swiss Krono Group aims to fortify its position in the Swiss interiors and project business by incorporating Argolite into its portfolio. Additionally, the move enhances the group’s expertise in High Pressure Laminate (HPL), aligns with the EN438 quality standard, and further solidifies its market presence.