Announced
Completed
Financials
Tags
Sweden
Single Bidder
Completed
Private Equity
Majority
Friendly
Private
Forestry
sawmills
Acquisition
Domestic
Synopsis
Mayr-Melnhof Holz, an European sawmill and wood products company, completed the acquisition of Bergkvist Siljan, a Swedish sawmills company, from Orlando Nordics, a private equity firm. Financial terms were not disclosed. "Mayr-Melnhof Holz Group and Bergkvist Siljan fit well together. Both have a comparable history, both are family businesses with a long tradition of over 100 years and both are dedicated to sustainability work. We look forward to a rewarding collaboration and mutual exchange of experiences," Richard Stralz, Mayr-Melnhof Holz CEO.
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