Munksjö has divested its majority stake in the Xingtai plant to local investor Mr. Shi Jinhuan, aligning with its strategy to focus on core operations while enhancing competitiveness in the Chinese decor paper market.

Target Overview

Munksjö is a prominent international manufacturer specializing in decorative paper solutions designed for the surface enhancement of wood-based panels. The company develops and provides innovative, customized decor paper solutions, which are utilized in various product applications, including furniture and laminate flooring, as well as other interior and exterior surface materials. With a workforce of approximately 1,200 employees, Munksjö operates five production facilities across four countries: Germany, Spain, France, and Brazil, boasting annual net sales of around EUR 440 million.

Industry Overview in China

The decor paper industry in China has experienced significant growth in recent years, fueled by the rapid expansion of the furniture and construction sectors. As urbanization continues to rise, demand for high-quality surface materials has surged, presenting an opportunity for companies like Munksjö to leverage their expertise in decorative solutions. China's emphasis on sustainable production and innovative material applications is leading to the development of advanced decor paper solutions tailored for the local market.

Moreover, the increasing consumer preference for aesthetically pleasing interiors drives manufacturers to seek superior decor paper options. Given that China is one of the largest markets for furniture and flooring materials globally, companies operating in