Södra sells Södra Wood AS to Sörnsen Holzleisten
30 November 2017
Södra sells the Norwegian operations, Södra Wood AS, to the German company Sörnsen Holzleisten. The takeover takes place on February 1, 2018.
The operations in Norway comprise two production units of list and foil mdf in Brumunddal and Engesetdal, two distribution centers in Brumunddal and Namsos as well as a market organization located in Gardemoen. A total of 70 employees are affected by the sale.
- On January 1 this year we left Södra Wood Grimslöv to Sörnsen Holzleisten and in June, the subsidiary UAB SIWood in Lithuania was sold to the company. Now the Norwegian operations are also sold to the same buyer. We have a good cooperation with Sörnsen, which today is one of our main suppliers. The acquisition of Södra Wood AS gives Sörnsen a greater part of the value chain where those with competitive production and our strong sales and distribution organization can positively develop the interior business in Norway. Through the sale, a stronger, more stable and competitive company is created, "says Peter Karlsson, Head of Interiör.
The purchaser is Sörnsen Holzleisten, founded in 1945, which has several units in northern Germany, Estonia, Sweden and Lithuania. The company produces a wide range of lists, the standard range includes over 3,000 items, with different types of wood and they ship to countries around the world.
"Södra Interiör has previously been a well-known brand in Norway that has stood for stability and expertise in the Scandinavian markets for many years. We are pleased to continue with such a brand in Norway together with Södra as a partner. As Europe's largest manufacturer of products, we have access to the entire value chain from production to distribution, which is a powerful signal to all retailers in Norway. With Södra's excellent logistics layout with distribution centers in Namsos and Brumunddal, new products can easily be introduced to our Norwegian customers, "says Robert Sörnsen, CEO of Sörnsen Holzleisten.
For more information, please contact:
Senior Vice President , Interiör, Tel: +46 (0) 470-890 28
Office Tel: +46 (0) 470-890 90