Södra Interiör is to buy Lithuanian panel processor UAB Aldrea.
The Panevezys-based company processes MDF panels to make interior products, including various panels, levelling pieces, cornicing and kitchen hatches.
“Aldrea is already one of our large, important suppliers, and we currently buy a relatively large proportion of what they produce,” said Håkan Svensson, president of Södra Interiör.
“We perceive major market opportunities for more or less the entire product range. This company is a good complement to our MDF panel production facility in Jokkmokk and gives Södra Interiör an opportunity to make additional, more complex products.”
Södra Interiör, which will extend Aldrea’s capacity, will complete the acquisition on April 1.
