Södra Announces Purchase of Sawmill and Treating Facility in Sweden

Södra, the international forest industry group, which is owned by more than 53,000 forest owners, announced that pending the approval by the Swedish Competition Authority, it is acquiring Ture Johanssons Trävaru AB and AB Tenhults Impregneringsverk. The approval process is expected to take up to six weeks. Ture Johanssons Trävaru is a sawmill located in Klevshult in the southern region of Vaggeryd Municipality, with 55 employees. The sawmill produces approximately 100,000 m³ of sawn timber annually. Production mainly focuses on the building materials trade and offers a range of planed and primed timber products. AB Tenhults Impregneringsverk is located at the Götafors industrial site in Vaggeryd and comprises four impregnation autoclaves. More than 100,000 m³ of timber are pressure treated at the facility every year. Tenhults has seven employees and is known for its environmental and NTR certified processes. Södra currently has six sawmills and two timber treatment facilities in Sweden. The newly acquired facilities are located in an area where Södra already has a stable raw material supply, but where it does not conduct its own industrial operations.