Companies in the timber industry / Daily News / Global Trends / Pulp & Paper / Sawmilling / Wood construction / Wood Products / Europe / Global
July 17, 2020
Holmen acquires Martinsons
Today Holmen signed an agreement to acquire Martinsons, one of Sweden's leading players in sawn and processed wood products. The purchase price is SEK 1.0 billion (EUR 96.6 million) for 100 per cent of the shares. The acquisition will almost double Holmen's sales of wood products to over SEK 3 billion (EUR 290 million), while also advancing positions in wood construction and providing Holmen with the capacity to process the majority of the raw material from its own forests in its own industry. Martinsons consists of two well-invested sawmills ...
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