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Klenk Holz in Oberrot: As of now a part of Binderholz © Klenk

Klenk takeover is official

Article by Kathrin Lanz, translated by Susanne Höfler | 02.11.2017 - 08:27

At the beginning of October, Binderholz, Fügen, announced the takeover of one of the largest German timber industries: the Klenk Holz AG, Oberrot/DE. Now it's official: The German Federal Cartel Office as well as the Austrian Federal Competition Authority together with the Federal Cartel Prosecutor authorized the merger.

From this, the second-highest grossing timber industry, the largest laminated timber producer, and the second-largest sawmill group in Europe emerges.