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Schnittholz © DI (FH) Martina Nöstler

Sweden

Bergs Timber to take over several Norvik factories

Article by Vera Bauer, translated by Susanne Höfler | 17.05.2018 - 10:40

Swedish timber industry Bergs Timber announced that all conditions concerning the acquisition of four Norvik locations in the Baltic countries and Great Britain have been met.

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Bergs Timber is taking over several Norvik factories. More precisely, this concerns Vika Wood in Latvia (270,000 m³/yr), two factories in Estonia with a total annual production capacity of 120,000 m³/yr as well as Norvik Shipping in the east of London.

The extraordinary general meeting took place on May 14th. The banks approved the financing. 

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