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Trash turns strategic

Egger acquires Lenocart to secure recycled wood

08.09.2026 | 17:51
Egger has acquired Milan-based recycling company Lenocart in full. The long-standing business partner will become part of the international Timberpak network. Photo: EGGER Holzwerkstoffe

Egger is not simply buying another recycler in northern Italy. The wood-based materials group has acquired 100 percent of Lenocart S.r.l. in the Milan metropolitan area, bringing part of its raw-material sourcing closer to its own organisation. The transaction was completed on 28 July 2026; Egger has not disclosed the purchase price.

Lenocart is no stranger to the group. According to Egger, the family-owned company, whose history dates back to the 1950s, has been a business partner for many years. The supplier will now become an owned recycling site within Egger's international Timberpak network. The transaction also includes Lenocart's transport fleet – and that is an important part of the industrial rationale behind the deal.

Recycled wood has to do more than exist. It must be collected, sorted, pre-processed and transported to a plant at an economically viable cost. An owned operation in the Milan metropolitan region gives Egger greater control over that chain. What the group is acquiring is therefore not merely material, but collection infrastructure, local market knowledge and logistics in one of Italy's largest urban economies.

Lenocart currently collects around 10,000 tonnes of recycled wood per year, according to the company. That material is expected to contribute to supplies for Egger's plant in Caorso. Egger says the site manufactures particleboard using 100 percent recycled wood. Reliable access to recovered timber therefore has a very direct economic value.

At its current size, however, Lenocart is hardly a volume game-changer. For a group operating 22 production sites and producing 10.9 million cubic metres of wood-based materials and sawn timber annually, 10,000 tonnes is modest. The more interesting question is how far Egger can expand the Milan collection operation. The company has so far provided no concrete targets.

Egger is initially opting for continuity on the management side. Dario Lenoci, whose family founded the business, will remain responsible for the site's operations. Employees are also being retained. That should reduce integration risk while preserving the local relationships that make the operation strategically useful in the first place.

The acquisition fits a broader development in the wood-based materials industry that goes well beyond polished circular-economy diagrams. A manufacturer aiming for high recycled-content levels needs reliable access to sufficient quantities of clean, economically viable secondary raw material. Owned collection sites can therefore become almost as strategically important as production capacity itself. In Milan, Egger is making itself slightly less dependent on external sourcing.

Across the group, Egger says 66 percent of the wood used in its products during the 2025/2026 financial year came from recycled material and sawmill by-products. The Lenocart acquisition supports that strategy, but does not by itself prove its success. The real test will be whether collection volumes rise and whether integrated logistics deliver an economic advantage. Only then will a strategically plausible acquisition become a meaningful component of raw-material security. Lenocart at least brings more than seven decades of experience and an established position in the Milan waste and recycling market. The rest will have to show up in tonnes, costs and supply reliability.

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Trash turns strategic

Egger acquires Lenocart to secure recycled wood

08.09.2026 | 17:51
Egger has acquired Milan-based recycling company Lenocart in full. The long-standing business partner will become part of the international Timberpak network. Photo: EGGER Holzwerkstoffe

Egger is not simply buying another recycler in northern Italy. The wood-based materials group has acquired 100 percent of Lenocart S.r.l. in the Milan metropolitan area, bringing part of its raw-material sourcing closer to its own organisation. The transaction was completed on 28 July 2026; Egger has not disclosed the purchase price.

Lenocart is no stranger to the group. According to Egger, the family-owned company, whose history dates back to the 1950s, has been a business partner for many years. The supplier will now become an owned recycling site within Egger's international Timberpak network. The transaction also includes Lenocart's transport fleet – and that is an important part of the industrial rationale behind the deal.

Recycled wood has to do more than exist. It must be collected, sorted, pre-processed and transported to a plant at an economically viable cost. An owned operation in the Milan metropolitan region gives Egger greater control over that chain. What the group is acquiring is therefore not merely material, but collection infrastructure, local market knowledge and logistics in one of Italy's largest urban economies.

Lenocart currently collects around 10,000 tonnes of recycled wood per year, according to the company. That material is expected to contribute to supplies for Egger's plant in Caorso. Egger says the site manufactures particleboard using 100 percent recycled wood. Reliable access to recovered timber therefore has a very direct economic value.

At its current size, however, Lenocart is hardly a volume game-changer. For a group operating 22 production sites and producing 10.9 million cubic metres of wood-based materials and sawn timber annually, 10,000 tonnes is modest. The more interesting question is how far Egger can expand the Milan collection operation. The company has so far provided no concrete targets.

Egger is initially opting for continuity on the management side. Dario Lenoci, whose family founded the business, will remain responsible for the site's operations. Employees are also being retained. That should reduce integration risk while preserving the local relationships that make the operation strategically useful in the first place.

The acquisition fits a broader development in the wood-based materials industry that goes well beyond polished circular-economy diagrams. A manufacturer aiming for high recycled-content levels needs reliable access to sufficient quantities of clean, economically viable secondary raw material. Owned collection sites can therefore become almost as strategically important as production capacity itself. In Milan, Egger is making itself slightly less dependent on external sourcing.

Across the group, Egger says 66 percent of the wood used in its products during the 2025/2026 financial year came from recycled material and sawmill by-products. The Lenocart acquisition supports that strategy, but does not by itself prove its success. The real test will be whether collection volumes rise and whether integrated logistics deliver an economic advantage. Only then will a strategically plausible acquisition become a meaningful component of raw-material security. Lenocart at least brings more than seven decades of experience and an established position in the Milan waste and recycling market. The rest will have to show up in tonnes, costs and supply reliability.

Want to read the full article?