"As the owner, Evergreen Privatstiftung’s objective is to sustainably develop our companies. This acquisition fits seamlessly into the strategy of HS Timber Group to grow sustainably and is a great addition to the company's existing business portfolio," congratulates Dr. Wolfgang Moser, Executive Director of Evergreen Privatstiftung.
The sawmill, whose high-quality products are internationally known under the established Vika brand, is located near Talsi in western Latvia. Founded in 1995, the mill processes locally sourced softwood timber from sustainably managed forests, making it a valuable addition to HS Timber Group's product and market portfolio. The sawmill also plays an important role in the regional value chain, supplying by-products to local pellet producers and the pulp industry.
For more information, please visit: https://hs.at/en/newsroom/news/detail/hs-timber-group-acquires-vika-wood-sia-from-bergs-timber-ab.html