Bergs Timber AB has signed an agreement with AB Fogelfors Bruk to acquire all shares in Fågelfors Hyvleri AB, Sweden. The agreement is based on the letter of intent published on May 8, 2019. The acquisition was completed and the shares in Fågelfors Hyvleri were taken over in conjunction with the signing of the agreement. Of the total purchase price, SEK 48 million ($5.2 million), SEK 18 million ($1.9 million) is paid in newly issued shares in Bergs Timber. The acquired business mainly consists of a ...
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