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July 24, 2025

Vida AB adds 3 sawmills in Central Sweden

Vida AB, a subsidiary of Canfor Corporation, is expanding its production capacity by acquiring AB Karl Hedin Sågverk in Central Sweden for 1.15 billion SEK (€105 million), including 274 million SEK (€25 million) in working capital. The purchase agreement was announced on July 22, 2025. The acquisition of AB Karl Hedin Sågverk, which operates three sawmills in Central Sweden, will add approximately 230 million board feet (around 550,000 cubic meters) of annual production capacity to Vida. After completion, Vida’s total annual production capacity will reach approximately 2.1 billion board feet (about 5 million ...

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