The Egger Group has signed an agreement to invest in a 30% minority stake in Sinowolf, an internationally active Chinese manufacturer of edge banding solutions for the furniture and interior design industry, with closing expected by November 2026 subject to agreed review and closing conditions.
Through this strategic minority investment, Egger and Sinowolf are establishing a long-term partnership to further develop the international edging business, with Sinowolf remaining independently managed and continuing to operate under its established brand.
Founded in 2007, Sinowolf has developed into a specialised producer of edge banding products with two Chinese manufacturing sites in Zhaoqing, Guangdong, and Huzhou, Zhejiang, with a total annual capacity of 1 billion metres of edge banding.
The investment adds complementary manufacturing expertise and regional flexibility to Egger's existing edging competencies and international production network, including its competence centres in Gebze, Turkey, and Brilon, Germany.
The transaction is deliberately structured as a minority investment and partnership, with the objective being a stable basis for cooperation, mutual growth, and continued development of the international edging business rather than integration into the Egger group.
Egger is an internationally leading manufacturer of wood-based materials.