Setra initiates process of selling its operation in Kalix, Sweden | 10 October 2017

Setra has set in motion the sale of its operation in Rolfs, Kalix, Sweden, as the company said in the press release received by Lesprom Network.

Hannele Arvonen, Setra’s President and CEO, comments: “We are focusing on increasing the synergies within the Group as a means of improving our long-term competitiveness. The level of integration between Setra Rolfs and Setra’s other production units is low when it comes to raw material supply and marketing concepts, and it therefore makes sense for us to explore other ownership structures for the unit.”

Setra has previously sold units that did not directly link up with or support its core business.

Setra’s mill in Rolfs, Kalix – one of the Group’s ten production units – manufactures sawn wood products such as construction timber, cladding and a range of other building products. The production volume amounted to 73,000 cubic metres in 2016.

Photo: Hannele Arvonen, Setra’s President and CEO