Pfeifer: An important reason for buying Pölky was the price of the wood

Pölkky fits perfectly into our strategy, which enables synergistic growth, the Austrian company says. The Austrian timber manufacturer Pfeifer Group announced that it will buy sawmill company Pölky at the end of last year. The transaction was completed in January. "Pölkky is an integrated and established company with competent staff, a unique location in forested Northern Finland and a valuable market position. That's why Pölkky fits perfectly into our strategy, which enables synergistic growth," Pfeifer Group Director Michael Pfeifer says in the press release. Pfeifer considers the quality and availability of wood ...