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Binderholz completed the acquisition of Klausner Lumber Two.

Synopsis

Binderholz, which manufactures and sells timber products, completed the acquisition of Klausner Lumber Two, a sawmill in North Carolina. Financial terms were not disclosed. "The acquisition of Klausner Lumber Two in Enfield, North Carolina, is the logical complement to the Klausner Lumber One plant in Live Oak, Florida, which we acquired in August. This step will significantly improve availability for our customers. With this acquisition accomplished, the foundation has been laid for further investments in the depth of value creation," Reinhard Binder, binderholz CEO.

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