Södra Timber Acquires Romerike Trelast
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Södra Timber, Sweden, has acquired all of the shares in Romerike Trelast, located outside of Oslo, Sweden. The company will operate independently, but will be renamed Södra Timber AS.
Romerike Trelast operates a sawmill with an annual production of 60,000 m3 of sawn timber, a planing mill, and a pressure treatment plant. It is situated 40 km north of Oslo, close to Gardermoen Airport, and is currently owned by Romeriks Almenningene and Viken Skog.
Romerike was relocated to its current site in 1995 in connection with the construction of Gardermoen Airport. Romerike has approximately 35 employees and annual sales of about NOK 110 million.
Södra already has operations in Norway, including two pulp mills, a forestry organization, Södra Interiör, and house sales through Trivselhus. The purchase of Romerike will provide the company a platform for sawn and planed timber.
"The acquisition is a logical step towards achieving cohesive industrial forestry operations for Södra in Norway. We have a long-term ambition for the acquisition and it strengthens our presence in one of the world's best timber market," said Leif Brodén, Södra's CEO.
Södra Interiör AS will manage and coordinate sales and logistics using its existing sales organization. The aim is to further develop Romerike into a center for Södra Timber and Södra Interiör in Norway.
"With this acquisition, we can offer a complete timber range with everything from construction timber to mouldings and flooring. By coordinating sales and logistics with Södra Interiör, we can offer a comprehensive service concept to our building-materials and industrial customers in Norway," said Peter Nilsson, president of Södra Timber.
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