S\u00f6dra is preparing to sell its Norwegian operation, S\u00f6dra Wood AS, to German company S\u00f6rnsen Holzleisten. The handover is expected to take place on 1 February 2018.<\/p>\n
The operation in Norway encompasses two production units (one in Brumunddal specialising in mouldings and one in Engesetdal in foil-wrapped MDF), two distribution terminals in Brumunddal and Namsos and a marketing organisation located in Gardemoen. A total of about 70 employees will be affected by the sale.<\/p>\n
\u201cOn 1 January of this year, we transferred S\u00f6dra Wood Grimsl\u00f6v to S\u00f6rnsen Holzleisten and in June the subsidiary UAB SIWood in Lithuania was sold to the company. We are now also selling the Norwegian operations to the same buyer. We have productive partnership with S\u00f6rnsen, which is now one of our main suppliers. The takeover of S\u00f6dra Wood AS provides S\u00f6rnsen with a larger part of the value chain that will enable the company to leverage its competitive production and our strong sales and distribution organisation to positively develop the interior business in Norway. This sale will create a stronger, more stable and more competitive company,\u201d said Peter Karlsson, segment manager for interior wood at S\u00f6dra.<\/p>\n
The buyer is S\u00f6rnsen Holzleisten, which was founded in 1945 and has several production sites in northern Germany, Estonia, Sweden and Lithuania. The company produces a broad range of mouldings; its standard range contains more than 3,000 items in various types of wood and it delivers to countries worldwide.<\/p>\n
\u201cS\u00f6dra Interi\u00f6r is a well-known brand name that has meant stability and competence for the Scandinavian markets for many years. We are happy to continue such a prestigious brand together with S\u00f6dra as a partner. The new vertical integration of the largest moulding production in Europe is a strong signal to all wholesalers in Norway. With S\u00f6dra\u2019s excellent logistics hubs in Namsos and Brumunddal new products can easily be introduced to our Norwegian customers,\u201d said Robert S\u00f6rnsen, President of S\u00f6rnsen Holzleisten.<\/p>","protected":false},"excerpt":{"rendered":"
S\u00f6dra is preparing to sell its Norwegian operation, S\u00f6dra Wood AS, to German company S\u00f6rnsen Holzleisten. The handover is expected to take place on 1 February 2018. The operation in Norway encompasses two production units (one in Brumunddal specialising in … Continue reading