Versowood acquires Metsä Wood’s Hartola glulam factory in Finland

Versowood Oy has bought over Metsä Wood’s glulam factory in Hartola, Finland.50% of Hartolan Kuningaslampö power plant will also be sold to Versowood Oy. The deal takes effect from end November onwards. All employees at the glulam factory will be transferred to Versowood.

The acquisition increases Versowood’s glulam production from 65,000 cubic metres to over 80,000 cubic metres annually with an estimated turnover of EUR40 million per year with 110 employees in total. Versowood also owns glulam factories in Heinola and Vierumäki.

 

Source: Lesprom Network