Vida Purchases Swedish Sawmill
VIDA AB plans to acquire a 50MMBF sawmill from Ingarp Träskydd for 50 million SEK ($6 million CAD). The sawmill has the potential for expansion to 100MMBF. The acquisition marks a continued investment in the area around Vida’s sawmills in Hjältevad and Vimmerby.
Canfor operates more than 55 facilities across its diversified operating platform in Canada, the U.S. and Europe, including a 70% stake in Vida AB, Sweden’s largest privately owned sawmill company.
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Sometimes Companies Just Get Lucky
Article by Rich Donnell, Editor-In-Chief, Timber Processing August 2021 – In this industry you are bound to cross paths with somebody again, but with one or both of you now working for a different company. Given that I’ve been doing this trade magazine gig for 38 years, I’m never the one who…
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