The sawmill in Kuhmo is located in the Kainuu region in eastern Finland and is Binderholz’s third sawmill site in Finland, following Lieksa and Nurmes. With 180 employees, the company produces 500,000 m³ of lumber a year (80% pine, 20% spruce) and generates annual sales of approximately €150 million.
“With this acquisition, Binderholz is strengthening its presence in one of the world’s best growing regions for softwood and emphasizing its clear commitment to its Finnish sites. Together with the mills in Lieksa and Nurmes, Kuhmo ensures the supply of high-quality lumber to downstream processing sites. At the same time, the acquisition expands the product portfolio and customer service,” Reinhard Binder, CEO of the Binderholz group, states.
The transaction is expected to close in autumn 2026. Kuhmo announced in a press release to its customers that the existing management team will continue to lead the company.
According to a survey by the Holzkurier, Binderholz plans to produce a total of 5.2 million m³ of softwood lumber in 2026, making the group the number one in the European ranking. With this acquisition, Binderholz is further strengthening this leading position.
