West Fraser Timber Co. Ltd. announced an agreement to sell its unbleached softwood kraft pulp mill in Hinton, Alberta to Mondi Group plc, a global company in sustainable packaging and paper. The transaction establishes a long-term partnership between the two companies in the region. Pursuant to the transaction, West Fraser will continue to supply fibre to the Hinton […]
Tag Archives: European timber industry
On January 31st 2023, the Austrian Pfeifer Holding GmbH was able to successfully complete the acquisition of the largest private wood processing company in northern Finland, Pölkky Oy, by closing the transaction. After signing the contract at the end of December 2022, the competition authority has now given green light for the merger. It was agreed not to disclose the purchase […]