Ziegler’s acquisition of HS Timber sawmill to be investigated by Romanian antitrust authority

German Group Ziegler Holzindustrie GmbH is in the final stages of acquiring the largest timber factory in Romania from HS Timber Group, formerly known as Holzindustrie Schweighofer. The transaction, whose value has not been specified, was announced on April 14, 2023. Subsequently, the Romanian Competition Council initiated an analysis because it involves an economic concentration. The German company specializes in timber cutting, planing, and is part of the Ziegler Group, which operates in various industries, including wood processing, logistics, wooden house construction, timber trade, engineering, decorations, gastronomy/hotel industry, and media. In 2022, the Germans had total sales ...