The owners of Vida AB have agreed with the Canadian company Canfor Corporation to sell 70% of their shares to them. The present owners of Vida will retain 30% of the shares in Vida and continue to be responsible for the daily operations of the group.
Vida will continue to produce sawn wood products, wood packaging, module houses and bio fuel under its own brand. Santhe Dahl, group CEO and Måns Johansson, deputy CEO, will continue to be responsible for and to handle the day to day operations of Vida.
“We have had a relation with Canfor for several years and it is a company characterized by high quality, both with respect to its products but also with respect to how they run their company. We are proud to receive Canfor as co-owner and of that Vida thereby can grow and enforce its position on the global market,” says Santhe Dahl, group CEO Vida AB.
VIDA AB is Sweden's largest privately owned sawmill company. Production is primarily focused on structural timber for a large assortment of different markets.
