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Canfor entering European softwood-timber market by acquiring a 70 % stake in Vida

Purchase price agreed at 580m CAD / Timber capacity boosted to 7.2bn bdft p.a.

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Published in issue 48/2018
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The Canadian company Canfor Corp. of Vancouver, British Columbia, is acquiring a majority holding of 70 % in Vida AB of Alvesta, Sweden. The current Vida owners will continue to hold the remaining 30 % for the time being. This majority holding is the first time that a North American forest and timber group has entered ...

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