Holmen signed an agreement to purchase Martinsons over the summer and 1 October marked the formal change of ownership. To celebrate the occasion, a key handover ceremony took place at the sawmill in Bygdsiljum, which will now become one of the largest in the Holmen Group.
“We will be taking the strengths of Martinsons and building on them. Specialist know-how and a focus on quality, long-term planning and innovation are all present within Martinsons and these features are closely aligned with the way we want to work. This acquisition will make Holmen a company with an incredible breadth and depth of expertise in wood products and wood construction,” declared Johan Padel, Holmen’s Senior Vice President Wood Products, during the ceremony.
At the handover, Martinsons’ former CEO Lars Martinson welcomed the new owners and presented Johan Padel with a symbolic wooden key to mark the change.
“Holmen is the stable and long-term owner we were looking for. They have a similar culture to the one we’ve built up over the years, coupled with a desire to continue building on and developing Martinsons’ business areas. Given the pooled strength and resources that the companies bring, all the pieces are in place to advance a long way up the value chain. Together, we can make history in an important and sustainable industry of the future,” said Lars Martinson.
Safe and secure purchasing process for the forest owners
Another essential aspect of the deal is the access to raw material, an area in which the companies have both spent many years establishing close partnerships.
“We’ve worked with Martinsons for many years and carried out forest management work for Martinsons’ customers. As one of the biggest wood buyers in Sweden, we have a safe and secure purchasing process for the forest owners. I also think many of them want to be involved in the specialist processing and wood construction that Martinsons is so well known for,” stated Sören Peterson, Holmen’s Senior Vice President Forest.
Photo: Martinsons’ former CEO Lars Martinson and Johan Pade, Holmen’s Senior Vice President Wood Products, at the key handover cermony in Bygdsiljum.