Lunawood to acquire Metsä Wood’s ThermoWood business in Kaskinen, Finland

Lunawood will acquire the entire ThermoWood business of Metsä Wood, located in Kaskinen, Finland, boosting annual output from the current 81,000 cubic metres to 105,000 cubic metres.
 
The combined annual turnover of Oy Lunawood Ltd and the Metsä Wood ThermoWood business will be around Euro 40 million in 2016, and the company will employ a total of 83 people. All of the 11 employees of the Kaskinen production facility will join Lunawood. 
 
This business purchase will strengthen Lunawood’s position as a global market leader and forerunner in ecological thermowood solutions.