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Komatsu announces agreement to acquire Swedish manufacturer of attachments for silviculture: To Expand the Sustainable Forestry Business to Make Carbon Neutral Contributions Through Komatsu Forest AB, a wholly owned subsidiary in Sweden, Komatsu Ltd. (President and CEO: Hiroyuki Ogawa) (hereafter “Komatsu”) is going to acquire Bracke Forest AB (CEO: Klas-Håkan Ljungberg) (hereafter “Bracke”), headquartered in[…]

Ponsse has decided to divest its operations in Russia. The divestment of all shares in OOO Ponsse, Ponsse Group’s subsidiary providing PONSSE services in Russia and Belarus, is currently being negotiated. “We have been looking for a solution to the challenging situation regarding operations in Russia. We have decided to divest our operations in Russia[…]

PF Olsen And Quayside Announce Investment Partnership – PF Olsen and Quayside Holdings (Quayside) have announced Quayside has acquired 44% of PF Olsen, with the deal closing on 10 June 2022. Direct Capital is selling its shareholding after 11 years as a shareholder. PF Olsen is a leading provider of independent professional forestry services and[…]

FAE customers who purchase a forestry mulcher for skid steers with Sonic System now have one more tool to optimize its performance and capacity:  the official FAE app for iOS devices. It helps users check that calibration at the time of deployment is optimal for getting the most out of the Sonic System. The app’s[…]

The expansion is expected to lead to the creation of 55 indirect jobs reports North West Democrat Gazette. Many of those indirect jobs will relate to transporting logs to the mill from the company’s timberlands and other timberlands, said Anna Torma, PotlatchDeltic vice president of public affairs. The expansion is expected to help the company[…]

“We are very proud to have finalized this agreement with Dynalyse and Finna Sensors that allows them to promote our state-of-the-art equipments and at the same time will allow us to advertise and sale their innovative products” says Jean Bérubé, Eng., president SmartMill. “With this agreement, we are able to represent their products in eastern[…]

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has announced the purchase on behalf of institutional investors of an approximately 108,000-acre forestry estate in Northern California from The Michigan-California Timber Company (MCTC). The estate consists of productive mixed conifers, including fir and pine, in the Mount Shasta region, and[…]