ANAIKA WOOD GROUP LTD SELLS KEVÄTNIEMI PLANT IN LIEKSA TO BINDERHOLZ NORDIC OY

21.02.2017

Anaika Wood Group Ltd Oy and Binderholz Nordic Oy have signed an agreement on the sale of Anaika’s processing plant in Kevätniemi, Lieksa, Finland, through an asset deal. The Lieksa plant produces planed sawn timber and glulam beams for the Asian market, primarily Japan. The total capacity of the processing plant is around 150,000 cubic metres. The plant mainly uses spruce and pine as its raw material. All 35 manufacturing and administrative employees will transfer to Binderholz Nordic under the existing employment terms and conditions.

The Lieksa processing plant operations will be taken over by Binderholz Nordic on 1 April 2017. Anaika will continue production at the premises until the end of March.

According to Anaika Wood Group Ltd Oy’s Managing Director Markku Maukonen, the sale is in alignment with Anaika’s business strategy:

“This sale will enable increased production and development of our other plants. Japan will remain Anaika’s main market. With its sawmills closer to the plant in North Karelia, Binderholz Nordic will be able to manage the processing plant’s raw material supply better than we could, and will consequently achieve major logistical advantages and cost efficiency.”

Anaika will step up production in its glulam beam plant in Kiihtelysvaara, Joensuu, and the sawmill in Soinlahti, Iisalmi. The company will also take further action to develop sawing and planing at the Toivakka sawmill. Lieksa Timber’s sawmill for small-scale wood will remain as part of Anaika Wood Group. Anaika’s administration, accounting and invoicing will also stay in Lieksa.

Inquiries:

Markku Maukonen, CEO, Anaika Wood Group, tel. +358 400 190062

www.anaika.com

www.binderholz.com

Anaika Wood Group Ltd is a Finnish wood processing company, which produces a total of around 350,000 m3 of sawn timber (planed timber and glulam beams) each year. The company’s key export markets are Japan and other Asian countries. Around 90% of the production is exported.

The company’s annual turnover is around EUR 70 million and employs around 150 people.

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