The latest mega takeover in the European sawmilling industry – Mayr-Melnhof Holz (MMH) Holding’s acquisition of Sweden’s Bergkvist Siljan – is expected to be completed during the first quarter of 2022. Austria-based MMH, which is expected to generate sales of more than 1bn this year, and €252m annual turnover Bergkvist Siljan, announced the deal just before Christmas. The acquisition is subject to approval from competition authorities. It will see MMH grow its lumber production capacity by approximately 50% to more than 2 ...
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