Keyword: acquisition

Mercer acquires German HIT Torgau for EUR 270 million

  HIT Torgau owns and operates an integrated timber processing facility with wood pallet, lumber, biofuel and energy production [...]

West Fraser Timber denies Kronospan, CVC takeover

    West Fraser Timber Co. Ltd. says it has not received any takeover offer after a report [...]

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

UFP Industries acquires 50% stake in Dempsey Wood Products, LLC

    UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in [...]

Stora Enso strengthens its presence in France

    Stora Enso has invested in ACDF Industrie SAS, becoming a 35% shareholder of the French wood [...]

Interfor acquires minority interest in GreenFirst Forest Products, continuing expansion in eastern Canada

  B.C. lumber giant Interfor Corp laid the groundwork for additional expansion in Eastern Canada this week by [...]
May 6, 2022 Forestry / Sawmilling / ...North America

Finland: Versowood to acquire Kissakoski sawmill

Versowood has bought the Kissakoski sawmill in Hirvensalmi. The sawmill owned by Veisto Oy will be transferred to Versowood in [...]

Canfor completed acquisition on Millar Western Forest Products

Canfor Corporation announced that it has finalized and completed the purchase of Millar Western Forest Product Ltd.’s solid wood [...]

Kronospan seeks approval to acquire Pfleiderer Polska

On 15 February 2022, the European Commission received a notification of a proposed concentration in the wood-based panels market [...]

Mayr-Melnhof completes acquisition of Bergkvist Siljan; becomes Europe’s 3rd sawmill group

    The Austrian competition authorities approved the acquisition of Bergkvist Siljan AB by Mayr-Melnhof Holz, one [...]