Cainz has announced plans to acquire Sonitech and strengthen its supply chain for ancillary building materials used in wooden homes. The acquisition was reported as a development around 18 September.
Cainz has announced that it will acquire Sonitech, a specialized trading company for ancillary building materials used in wooden homes. Through the acquisition, it aims to strengthen its materials supply chain in the wooden-home sector.
The main text does not provide details of the acquisition procedures or consideration, and further developments are expected to be reported.