Somerset Hardwood Flooring Acquired by Swiss Firm Bauwerk

St. Margrethen, Switzerland—Switzerland-based Bauwerk Group AG has acquired Somerset Hardwood Flooring. Somerset Hardwood Flooring, with a reported $163 million in revenue, is a vertically integrated forest products company based in Somerset, KY. Globally, Bauwerk employs 1,600 and reports annual sales of $300 million. The group has production sites in Switzerland, Lithuania, and Croatia. The combined […]

Swiss Wood Flooring Firm Bauwerk Names Patrick Hardy CEO

St. Margrethen, Switzerland—Patrick Hardy has been appointed CEO and president of the Bauwerk Group, a global wood flooring firm based in St. Margrethen, Switzerland. He succeeds Klaus Brammertz who led the Group between 2009 and 2021 and is now on its supervisory council. Hardy oversees the Swiss Bauwerk Group and both of its brands, Bauwerk […]