Martinsons acquisition set to increase Holmen Timber’s sawnwood cutting capacity by 56 %

Holmen Timber’s sales revenue expected to double to 3.6bn SEK

Holmen AB of Stockholm wants to acquire all the shares in Martinsons Group AB of Bygdsiljum in northern Sweden for 1bn SEK. The two companies signed a corresponding agreement on 16 July 2020. As per the agreement, the purchase price will be paid in cash. Following approval from the appropriate competition authorities, ...

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