Bergs Timber announces that all conditions for the company’s acquisition of Norvik’s wood products in the Baltic countries and the UK are met. The acquisition was mainly conditional on: resolution of the Extraordinary General Meeting of shareholders final approval from the relevant banks for the acquisition and its financing. Through the acquisition Bergs Timber is expected to become a major player in the sawmill market, increasing sawmilling capacity from about 530,000 m³ per year to approximately 920,000 m³ per year. ...
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