Feb 15, 2016. /Lesprom Network/. DLH has decided to initiate the closure of its French subsidiary. The process is expected to be completed during the next six months. During this period DLH will continue its effort to sell all or parts of the French unit, as the company says in the press release received by Lesprom Network.

DLH will record a provision of DKK 15 million ($2.2 million) in the 2015 accounts on the French assets. The Nordic business unit is unaffected by the decision concerning DLH France.

DLH is a Danish owned group and since 1908 trading in timber and timber products all over the world.