Companies in the timber industry / Daily News / Global Trends / Wood construction / Wood Products / Europe / Global
July 21, 2020
Holmen to become a player in the CLT industry with the acquisition of Martinsons
On Thursday, July 16, Holmen announced the news that the Group has signed an agreement to acquire the family-owned wood products company Martinsons. The purchase price amounts to SEK 1.0 billion (EUR 97 million) for 100 percent of the shares and the acquisition also means that Holmen will almost double its sales of wood products to just over SEK 3 billion (EUR 292 million) per year. Martinsons has its headquarters in Bygdsiljum between Umeå and Skellefteå and is today one of Sweden's leading players in sawnwood products as well as glulam ...
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