"We are excited to welcome the VIDA team to Canfor and we are looking forward to working with VIDA to develop our business on a global scale", said Don Kayne, president and CEO of Canfor, in a press release. The acquisition was announced in mid-November 2018 and has now been finalized.
Canfor is the world's second-largest timber industry based in Vancouver/CA. The enterprise mainly produces softwood lumber and furthermore holds a participation of 54.8% in Canfor Pulp Products in the North of the market and a leading producer of high-performance kraft paper.
