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June 19, 2020
Bergs Timber’s sold Swedish sawmills to switch operations towards more processed products
Bergs Timber signed an agreement with Vida Aktiebolag on the sale of Bergs's Swedish sawmill business. The transaction encompasses the sawmills in Orrefors, Vimmerby and Mörlunda, and is scheduled to be concluded on 1 September 2020. Vida is a subsidiary of the Canadian forestry giant Canfor. All personnel employed at each of these sawmills and in the purchasing organisation for raw materials will be offered employment at Vida, which is also acquiring the assets at the already discontinued operation at Gransjö. The sale is part of Bergs's stated strategy ...
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