VAXJO, SWEDEN - Swedish forestry firm Södra says its Södra Interiör wood unit will acquire MDF interior wood panel products firm UAB Aldrea of Panevezys, Lithuania. With 89-employees and $5.6 million turnover, UAB Aldrea produces boards, panels, leveling pieces, mouolding and kitchen cabinetry. The deal closes April 1.
Södra is an economic association with a membership base of 51,000 forest owners in southern Sweden. Its
key function is to secure markets for its members’ forest products and contribute to the profitability of their forestry.
Södra members own a total of 36,000 forest estates which represent more than half the privately owned forest in the region. They are also owners of a forest industry group that is active on the Swedish and international market.
The Group has four business areas: Södra Skog, Södra Cell, Södra Timber and Södra Interiör. They purchase and process members’ forest raw materials to become pulp, wood products, timber houses and
Södra is also a major employer with some 4,000 employees involved in everything from forest management and conservation to production, product development, accounting and sales.
Have something to say? Share your thoughts with us in the comments below.