Companies in the timber industry / Daily News / Sawmilling / Wood-based panels / Europe / Global / South America
October 2, 2017
EGGER completes acquisition of Masisa Argentina
The acquisition of the Masisa plant in Concordia, Argentina, from the Chilean Masisa S.A. is successfully completed upon closing of the contracts. This will be the first time the wood-based material manufacturer EGGER is represented with a production site outside Europe. The Group, with headquarters in St. Johann in Tyrol, takes over the number 2 in Argentina for a purchasing price of USD 155 million debt-free. The acquisition contracts between EGGER and Masisa were signed on the 17th of July 2017. In addition to the plant in Concordia, which ...
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