Metsä Group closes the divestment of its pole business
On 14 January 2015, Metsäliitto Cooperative, the parent company of Metsä Group, announced the divestment of the entire share capital of Metsä Wood’s UK-based pole business subsidiary Burt Boulton & Haywood Ltd to ScanPole Ltd. The divestment was finalised on 2 February 2015.
ByLesprom Network
Feb 05, 2015. /Lesprom Network/. On 14 January 2015, Metsäliitto
Cooperative, the parent company of Metsä Group, announced the divestment of the
entire share capital of Metsä Wood’s UK-based pole business subsidiary Burt
Boulton & Haywood Ltd (BBH) to ScanPole Ltd. The divestment was finalised
on 2 February 2015. The transaction
does not have a significant impact on Metsä Wood’s financial results, as the
company said in the press release received by Lesprom Network.
Metsä Wood provides competitive and environmentally friendly wood
products for construction, industry and distributor partners. Metsä Wood is
part of Metsä Group.
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