Feb 28, 2008. /Lesprom.com/. The company of the Sampoerna family has acquired 42.6% of Samko Timber, which has a 32% share of the plywood market in Indonesia, making itself the second largest timber company in the country.
Indonesia's Sampoerna family acquires 42% of Samko Timber
Feb 28, 2008. /Lesprom.com/. The company of the Sampoerna family has acquired 42.6% of Samko Timber, which has a 32% share of the plywood market in Indonesia, making itself the second largest timber company in the country, Asia Pulse informed.
The Sampoerna family made headlines when it sold the long-held family business in the cigarette industry worth billions of U.S. dollars in 2005 to Philip Morris Intl.
Samko, which has a production capacity of 1.14 million cubic meters of plywood a year, is the fifth largest timber processing company in the world.
