Solør Agrotre will continue to operate in Kirkenær, Norway, as a subsidiary of Scanpole group. The company will continue focusing on production of copper impregnated fencing posts to its current market areas. This business acquisition does not affect the other companies within the Iivari Mononen Group. “The acquisition of Solør Agrotre strengthens our strategy in the wood business,” said Ari Mononen, CEO of Iivari Mononen Group.
“The production plant in Kirkenaer allows profitable growth in both our pole business and timber business. We also gain notable synergies between the production in Kirkenaer and that by Burt Boulton & Haywood Ltd in Newport, UK. Our aim is to increase the production in Kirkenaer through our Group’s current sales channels.”
