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Tag: acquisition

SCA to acquire 13,000 hectares of forest land in Latvia

02-10-2020
Latvia, SCA, acquisition, forest

SCA has signed an agreement to acquire forest land in Latvia from Isnaudas Forest Holding AB. The acquisition comprises an area of 19,150 hectares, of which 13,100 is forest land, at a purchase price of 44.5 million Euros (approximately SEK 450 million). The standing timber volume amounts to 1.8 million cubic metres. Some areas of the acquired …

binderholz Group wins auction of Klausner Lumber One; expands outside Europe for the first time

03-09-2020
Austria, binderholz Group, Klausner Lumber One, Auction, Acquisition

The Austrian binderholz Group, based in Fügen, purchased all assets of Klausner Lumber One LLC, based in Live Oak, Suwannee County, Florida, in the auction held on Friday, August 21, 2020. At the auction binderholz was able to prevail over Mercer Inc. and Mayr Melnhof Holz and was awarded the contract at USD 61.0 million. The transaction is …

Sweden: Holmen acquires Martinsons

20-07-2020
Sweden, Acquisition, Wood

Swedish pulp and paper company Holmen has signed an agreement to acquire Martinsons, one of Sweden’s leading players in sawn and processed wood products, at SEK 1.0 billion for 100% of the shares. According to a media release by Holmen, the acquisition will almost double Holmen’s sales of wood products to over SEK 3 billion, while also …

Raute acquires majority holding in Hiottu Oy

17-06-2020
Raute, acquisition, Hiottu Oy, software services

Raute Corporation has signed an agreement on the acquisition of the majority of the share capital in Oulu-based Hiottu Oy. The shareholders employed by Hiottu will continue working for the company. Hiottu, established in 2005, is a company offering software services with special knowhow in various machine vision solutions and other system …

OneFortyOne New Zealand brand launches, replacing Nelson Forests name and logo

25-03-2020
Nelson Tasman and Marlborough business, Nelson Forests, rebrand, OneFortyOne New Zealand, acquisition

Well known Nelson Tasman and Marlborough business Nelson Forests has been rebranded as OneFortyOne New Zealand effective from 25 March 2020. The move follows on from OneFortyOne’s purchase of Nelson Forests (including Kaituna Sawmill, near Blenheim) in 2018. OneFortyOne CEO Linda Sewell says that nothing has changed in operational terms …

Huws Gray from UK acquires structural timber specialist

19-03-2020
builders' merchant, Huws Gray, acquisition, AC Roof Trusses, Welshpool, UK, design, production, supply, structural timber, components

Private equity-backed builders' merchant Huws Gray has acquired AC Roof Trusses, a Welshpool business. Established in 1982, AC Roof Trusses specialises in the design, production and supply of structural timber components. It employs more than 30 people. Huw Grays is headquartered in Anglesey and has more than 100 branches across Wales and …

UK's largest forestry and sawmilling business acquired by private equity firm

24-02-2020
BSW Group, UK, largest, sawmilling, forestry, business, acquisition, Endless LLP

BSW Group, the UK’s largest forestry and sawmilling business, has been acquired by private equity firm Endless LLP as part of a multi-level growth plan for the company. Founded in 1848 the BSW Group employs over 1,200 people and turns over £350m annually. It is the largest sawmilling business in the UK with capacity to produce over …

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