Pfleiderer Plans To Sell NA Operations by June

Neumarkt, Germany, Nov. 21, 2011 -- Pfleiderer is planning to complete the process of selling its North American operations, including its Flooring North America, by the end of June 2012, according to Euwid Wood Products and Panels.

Prospectuses for each asset were apparently distributed to interested parties during October.

The publication said its sources within the wood-based panels industry believe that financial investors will be the main candidates to buy Pfleiderer’s North American wood-based panels operations.