|  

Sörnsen taking over Södra’s Norwegian subsidiary too

19.12.2017 − 

German Sörnsen is taking over Norwegian subsidiary Södra Wood from Swedish Södra group as well, probably on 1 February 2018. Södra Wood AS produces wooden mouldings in Brumunddal and foil-wrapped MDF mouldings in Engesetdal. The company also operates two distribution terminals in Brumunddal und Namsos and a marketing organisation in Gardemoen and has a total of roughly 70 employees work in Norway.

The transaction announced on 28 November is Sörnsen’s third acquisition of a Södra company within the space of a little less than a year. Södra had sold Lithuanian UAB SIWood to Sörnsen at the middle of the year, and Södra Wood Grimslöv with effect from 1 January. Sörnsen had already taken over the solid-wood processing company Amco from Schnell group on 31 May 2016, preceded by its purchase of the Estonian mouldings and profiles manufacturer Trives at the end of 2013. The long-standing supplier Derboben Holzimport had already been integrated into the company in 2010.

Tags of this news:

previous − Tanguy invests €14m in gluelam production

Skanska investing 250m SEK in prefabricated-home works  − next