November 16, 2016
Bergs Timber acquisition of Setra’s sawmills in Sweden ongoing
Bergs Timber AB is continuing discussion of potential acquisition of sawmills in Vimmerby in Sweden with Setra. On September 14, 2016 the parties signed a declaration of intent regarding the sale of the sawmill in Sweden. Meantime, the parties jointly worked to develop a business plan for the integration of operations in Bergs Timber’s existing operations. According to the announcement, the result of this work is positive and the parties consider the transaction remains interesting. The discussion is therefore entering a new phase with the aim to conduct due diligence and to agree on the ...
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!