Companies in the timber industry / Daily News / Lumber / Sawmilling / Wood Products / Europe / Global
January 23, 2018
Bergs Timber to acquire Norvik Timber Industries
Bergs Timber AB has signed a letter of intent on the 22nd of January with Bergs Timber’s main owner, Icelandic Norvik, for the acquisition of a number of companies within Norvik Timber Industries with operations in Latvia, Estonia and the United Kingdom. Thus, Bergs Timber intends to acquire Norvik Timber Industries’ operations in Latvia, Estonia and the UK. The respective companies have generated net sales of approximately SEK 1,613 million and a profit after tax amounting to SEK 78 million during financial year 2016/2017. The payment will be made ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!