Fagus-GreCon Acquires DMC From Bakelite

In a strategic move driven by customer focus and long-term market optimization, Fagus-GreCon has acquired the Dynamic Microchamber (DMC) from Bakelite. This transition reflects Bakelite’s decision to sharpen its concentration on its core expertise in wood adhesives, while entrusting Fagus-GreCon to advance and expand the DMC business with renewed innovation and technical excellence.

For decades, Fagus-GreCon has built a distinguished legacy as a technology leader within the wood-based panel markets. Renowned for its fast, precise, and dependable formaldehyde measuring systems, the company has set industry benchmarks in collaboration with authorities like the EPA in the U.S. With this acquisition, Fagus-GreCon will provide continued support for existing Bakelite DMC units while simultaneously introducing a new generation of innovative formaldehyde testing solutions. These next-generation systems are designed to help customers meet evolving regulatory requirements with confidence, speed, and uncompromising accuracy.

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Hoffman Companies Acquires Besse Forest Products Group

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The Hoffmann Family of Companies (HFOC), a Florida-based family-owned private equity firm, has acquired Besse Forest Products Group, the longstanding Michigan-based family-run company with 10 manufacturing facilities, including four sawmills, a lumber drying concentration yard, four veneer mills and a cut-to-size plywood mill.

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