Södra is increasing its involvement in the sawn timber sector with the acquisition of shares in sawmilling company Jabo Träprodukter AB.
Company president and chief executive officer Anders Wahrolén said: ‘Through our subsidiary Södra Timber AB, Södra is the largest player on the southern Sweden scene for sawn timber products.
‘The acquisition of the shares in Jabo Träprodukter will increase our potential to participate in the development of the sawn timber sector,’ he said.
‘Jabo has, among other things, an interesting line of consumer products with a good market growth.’