Bona AB explained

Bona AB
Type:Family-owned company
Foundation:1919
Founder:Wilhelm Edner
Location:Lokgatan 8, 211 20 Malmö
Area Served:Worldwide
Key People:Magnus Andersson (CEO and President)
Industry:Floor care
Products:Adhesives, finishes, oils, UV-finishes, sanding machines, abrasives, floor care products for wooden and resilient floors
Revenue:SEK 4 billion (2023)
Num Employees:700 (2024)

Bona AB is a Swedish family-owned floor care company founded in 1919 and headquartered in Malmö. The company manufactures and supplies products for the installation, maintenance and renovation of wooden and resilient floors and also supplies UV coatings to international producers of wooden and resilient floors. Bona is present in more than 70 countries through subsidiaries and country distributors.

Bona pioneered waterborne finishes in 1979, and presented the patent in 1982.[1] Bona has production facilities in Sweden, Germany, the USA, and China. Bona's US headquarters are in Englewood, Colorado. Bona prioritizes the use of water-based finishes and employs eco-friendly manufacturing processes. Bona is known for its GreenGuard-certified products, which comply with strict indoor air quality regulations.[2]

History

The Bona story started in the 1890s, when Wilhelm Edner opened a grocery shop in Malmö, Sweden selling coffee and various household products. The years went by, the business developed and, during the 1910s, floor wax, a completely new product on the Swedish market at the time, came into the picture. In August 1919, Wilhelm Edner registered a company called Aktiebolaget Bona. This is the date that Bona AB, the floor care company, was founded, since then the company has exclusively worked with the treatment of wooden floors.

From the company's foundation, Bona produced wax-based floor care products; later expanding their product range to include finishes, sealers, and other wood floor care products, as consumer demand evolved. Throughout the 20th century, Bona invested in research and development to improve its products and establish itself as a prominent player in the wood flooring industry.

Throughout the 1990s, Bona expanded its international operations by establishing subsidiaries and distribution networks in 90 countries globally.

In 1997, Bona's American division (then-known as BonaKemi) made a partnership with Orange Glo International (purchased by Church and Dwight in 2006) for their Orange Glo-branded products, such as the Orange Glo Wood Cleaner & Polish, and later the Orange Glo Hardwood Floor Refinisher, followed by other Orange Glo products.

From 2007 to 2020, Kerstin Lindell was president and CEO of the company. In 2021 Kerstin Lindell became chairman of the board[3] and Pontus Cornelius took the role of president and CEO. Since April 2022 Magnus Andersson is the current CEO of Bona AB.[4]

Products

Bona has products for contractors, homeowners and parquet producers.

Contractors

Homeowners

Bona offers a product range for renovation and maintenance adapted for use by end consumers.

Parquet Producers

Bona is a supplier of UV-coatings to international producers of wooden floors.

Notes and References

  1. Web site: Method of producing a water-soluble, acid-curing resin for lacquers.
  2. https://www.bona.com/en-us/professional/sustainable-solutions/#:~:text=Bona%20is%20proud%20to%20offer,in%20which%20they%20are%20used.
  3. Web site: Pontus Cornelius Named CEO of Bona; Lindell to Serve as COB . 2023-02-28 . www.floordaily.net.
  4. Web site: Bona Announces Magnus Andersson as New CEO and President . 2023-11-13 . www.businesswire.com.