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Tuesday, 22 November 2022 12:00

The Pervanovo Group takes over the Croatian furniture manufacturer Spin Valis

The Pervanovo Group, which includes the companies Bjelin Industries in Croatia and the Välinge Group in Sweden, signed an agreement, through its daughter company Välinge Croatia, to acquire a controlling stake in the Croatian furniture manufacturing company Spin Valis.

Such a takeover enables the Pervanovo group to achieve its internal goals for the production of furniture using Välinge's click technology faster than originally planned. At the same time, it enables Spin Valis to concentrate production even more into final products of the highest level of added value.

Spin Valis is one of the largest Croatian manufacturers of massive furniture with a long-standing tradition. The production also includes the production of elements, glued panels, briquettes and the production of electricity and thermal energy obtained from biomass and solar panels. Spin Valis has its headquarters in Požega, currently has 420 employees, for whom we expect their successful integration into the Pervanovo group system and maintaining full employment. We look forward to working with them and realizing their full working and professional potential.