Vida, a subsidiary of Canfor Corporation, has signed an agreement with Bergs Timber to acquire their sawmills in Vimmerby, Mörlunda, Orrefors and Gransjö. The agreement was signed on June 17, 2020 and operations will be transferred to Vida as of September 1, 2020.
The owners of Vida AB (“Vida”) have agreed with the Canadian company Canfor Corporation to sell 70% of their shares to them. The present owners of Vida will retain 30% of the shares in Vida and continue to be responsible for the daily operations of the group.
