Companies in the timber industry / Daily News / Furniture / Sawmilling / Wood-based panels / Europe / Global
February 17, 2017
Setra acquires IKEA site in Malå, Sweden
Setra is acquiring the property Rubanken 2 from IKEA Industry Malå AB. The facility is suitable for wood processing and is adjacent to Setra’s sawmill in Malå. The geographical location and the property’s suitability for wood processing mean that it is a good fit in Setra’s long‐term plans for the area. “The acquisition enables Setra to expand and develop our processing over time. They are well suited premises for our operations and are in a very strategic location,” says Hannele Arvonen, President and CEO ...
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