{"id":88491,"date":"2025-01-29T09:56:41","date_gmt":"2025-01-29T09:56:41","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/"},"modified":"2025-09-19T09:03:30","modified_gmt":"2025-09-19T09:03:30","slug":"hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/","title":{"rendered":"HS Timber Group acquires Latvian wood processing company Kurekss SIA"},"content":{"rendered":"<div class=\"row\">\n<div class=\"col-10 offset-1 col-lg-8 offset-lg-2\">\n<div class=\"mt-4\">\n<p class=\"lead\">The Austrian HS Timber Group has signed an agreement to acquire 100% of the shares in the Latvian wood processing company Kurekss SIA from the previous shareholders, J\u0101nis and Arnis Aps\u012btis. The transaction is subject to approval by the competition authorities<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"news-text-wrap\">\n<div id=\"c10010\"><strong>After having acquired the Latvian wood processing company Vika Wood SIA in January 2025 this acquisition marks a significant next step in HS Timber Group's expansion in the Baltic region. Both parties have agreed to keep the terms of the transaction confidential. <\/strong>\u201cKurekss is a fantastic addition to our international portfolio of sustainably operated sawmills. Its experienced team and exceptional market reputation will contribute to the economic success of our group,\u201d said Juergen Bergner, CEO of HS Timber Group.<\/div>\n<div class=\"container\">\n<div class=\"row\">\n<div class=\"col-12 col-lg-10 offset-0 offset-lg-1\">\n<div class=\"frame frame-type-text default frame-space-before-none frame-space-after-none\">\n<p class=\"text-justify\">Established in 1995, Kurekss is recognized as one of the leading sawmills in the Baltic region. It also owns and operates the pellet manufacturer Kurzemes Granulas SIA, which is a part of the acquisition as well.<\/p>\n<p class=\"text-justify\">With an annual production capacity of 250,000 m\u00b3 of kiln-dried sawn timber and 150 skilled employees, Kurekss stands as one of the largest sawmills in the region. The very well-established brands Kurekss and Kurzemes Granulas will remain, and the existing management team will continue to run the operations.<\/p>\n<p class=\"text-justify\">J\u0101nis Aps\u012btis on the transaction: \u201eIn today\u2019s challenging wood business environment Kurekss SIA is excited to join the HS Timber Group - one of the top European players. With the clear vision of growth and excellent market knowledge, HS offers great potential for further development. The management of Kurekss is committed to explore and utilize synergies being a part of the HS Timber Group.\u2018\u2019<\/p>\n<p class=\"text-justify\">Specialized in high-quality coniferous timber products, Kurekss supplies clients in Europe, North America, Asia, and North Africa, which further strengthens HS Timber Group\u2019s position as one of the largest European wood processing companies.<\/p>\n<p class=\"text-justify\">Just weeks ago, HS Timber Group announced the acquisition of Vika Wood SIA, another Latvian sawmill, reinforcing the company\u2019s robust growth trajectory.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Austrian HS Timber Group has signed an agreement to acquire 100% of the shares in the Latvian wood processing company Kurekss SIA from the previous shareholders, J\u0101nis and Arnis Aps\u012btis. The transaction is subject to approval by the competition &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":50557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HS Timber Group acquires Latvian wood processing company Kurekss SIA - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HS Timber Group acquires Latvian wood processing company Kurekss SIA - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The Austrian HS Timber Group has signed an agreement to acquire 100% of the shares in the Latvian wood processing company Kurekss SIA from the previous shareholders, J\u0101nis and Arnis Aps\u012btis. The transaction is subject to approval by the competition &hellip; Continue reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-29T09:56:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T09:03:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/sawmill-25.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"HS Timber Group acquires Latvian wood processing company Kurekss SIA\",\"datePublished\":\"2025-01-29T09:56:41+00:00\",\"dateModified\":\"2025-09-19T09:03:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/\"},\"wordCount\":335,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/sawmill-25.jpeg\",\"articleSection\":[\"Latest Trends\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/hs-timber-group-acquires-latvian-wood-processing-company-kurekss-sia\/\",\"name\":\"HS Timber Group acquires Latvian wood processing company Kurekss SIA - 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