PGS Group to acquire stake in Belgian IDE sawmill

French PGS Group has acquired a co-controlling stake in Belgium's Ide Group. Through its subsidiaries Ide Woods and Solid, the family-owned group is one of the largest wood processing companies in Belgium, processing around 120k m³ of roundwood into lumber each year, and producing wooden garden constructions (sheds, carports, … ). The group has also invested in a state-of-the-art finger jointing facility to create added-value wood products. PGS Group, a leading provider of both new and second hand wooden pallets, has been a customer of Ide Woods since many years, and saw this ...

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