Metsä Group’s Wood Products Industry Metsä Wood sells its wood element business located in Pälkäne, Finland, to Lapwall Oy. The transaction is expected to be finalized by the end of January.

木製家居建材

Metsä Group’s Wood Products Industry sells its wood element business to Lapwall Oy

Metsä Group’s Wood Products Industry Metsä Wood sells its wood element business located in Pälkäne, Finland, to Lapwall Oy. The transaction is expected to be finalized by the end of January. Personnel of the wood element business will in its entirety transfer to the new owner’s payroll, as the company says in the press release received by Lesprom Network.

In connection with the transaction the parties agreed on a multiyear contract concerning Kerto® LVL and spruce plywood deliveries.
“Lapwall is an important partner for us, with whom we develop the wood construction ecosystem,” says EVP Esa Kaikkonen from Metsä Wood.

Metsä Wood manufactures products from northern wood, a sustainable raw material of premium quality. Metsä Wood is part of Metsä Group.