Lundhs and Palin Granit have agreed on a long-term partnership. As of January 1, Lundhs has assumed responsibility for marketing and sales of Palin’s products. In addition, Lundhs will acquire 40% of the shares of Palin Granit. Together, the venture becomes the largest producer and distributor of rough granite blocks in Northern Europe.

“This acquisition and collaboration will strengthen our position as a manufacturer and distributor of Nordic granite,” Lundhs stated in a release. “Lundhs, as well as Palin, are developing positively both in terms of production and profitability. In collaboration we can develop even more effective production methods in the quarries, and strengthen the sales and marketing activities. By working together, we are better equipped to deal with the increasing competition from numerous other natural stone materials, artificial stone and ceramics.

“In practice, this collaboration means that Palin still has the responsibility for the production, and will facilitate sales to customers in Finland, Russia, Baltic countries, Poland and Germany,” the release continued. “Lundhs will take care of the marketing and sales of Palin’s products to all other markets. All customer inquiries from markets outside the mentioned exceptions shall be directed to Lundhs.”