As part of an asset deal, a planing mill and a glulam factory belonging to the Anaika Wood Group at the site in Lieksa, Finland, were acquired by Binderholz Nordic Oy. The purchase agreement was signed on 20 February 2017 and will be closed on 31 March 2017. There are no details of the purchase price.

Wood pellets

Binderholz Nordic Oy acquires Anaika Wood Group’s planing mill and glulam factory in Lieksa, Finland

As part of an asset deal, a planing mill and a glulam factory belonging to the Anaika Wood Group at the site in Lieksa, Finland, were acquired by Binderholz Nordic Oy. The purchase agreement was signed on 20 February 2017 and will be closed on 31 March 2017. There are no details of the purchase price, as the company says in the press release received by Lesprom Network.

Part of the agreement involves the Anaika Wood Group’s entire workforce of 36 employees transferring and being integrated into Binderholz Nordic Oy.

As part of the takeover, Binderholz will acquire the entire plant and machinery, consisting of 2 planing lines, finger jointing machine, band saw, glulam press, stacking machine and drying chambers. The existing production capacity will be gradually increased by establishing a continuous three-shift operation, with other improvements being planned in the medium term.

The product range will predominantly target non-European markets, including Japan, China, the USA etc. Binderholz will also acquire Anaika’s existing JAS certification. In future, it will primarily machine pine slats from its Nurmes plant into glulam (beams etc.) and also produce a range of planed spruce and pine products.

Planed timber production will increase to 220,000 cubic metres and glulam production to 50,000 cubic metres per year with a three-shift operation.

The Binderholz Group’s volume of further processed planed and glued solid timber products will be approximately 1.2 million cubic metres per year. A pellet works will shortly be constructed to recycle the wood shavings.

At present, the Lieksa and Nurmes sites are being successively modernised and the capacities of the sawing and drying works significantly expanded.

A biomass heating plant will be built at the Nurmes site, which will become operational in September 2017.