Companies in the timber industry / Daily News / Market Analysis / Wood flooring / Wood Products / Wood-based panels / Europe / Global
June 4, 2021
Pervanovo acquires large oak veneer producer in Croatia
Pervanovo Invest AB, headquartered in Viken Sweden and with subsidiaries in Croatia, has acquired 98% of the shares in Spačva d.d. in Vinkovci, Croatia Spačva has 850 employees and is one of Europe's largest manufacturers of oak veneers. Following the acquisition, Pervanovo will become Croatia's largest wood processing company with 1,700 employees and 5 production units. Pervanovo's two Croatian veneer companies, Bjelin Otok and Spačva d. d., located on the edge of Europe's largest continuous oak forest, the Spa ...
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