HASSLACHER Group, a modern timber construction company, completed the acquisition of a 40% stake in Egoin Wood Group, a sustainable construction company. Financial terms were not disclosed. “The 40 percent stake in the Egoin Wood Group is an ideal opportunity to drive further the expansion of the HASSLACHER Group and strengthens our position in Southwest Europe. In addition, from the family origin and the culture and values by which we live, we also share the strategic vision in terms of development, circular economy, and decarbonization as well as sustainable forest management and thus the preservation of forests,” Christoph Kulterer, HASSLACHER Group CEO.