Mar 09, 2012. /Lesprom Network/. Danzer Group has sold its two Congolese subsidiaries SIFORCO and COTRACO to GBE, Kinshasa DRC. Danzer will continue to provide African timber products from its FSC-certified production of IFO in the Republic of Congo. Further investment projects for value added timber products are on the way, as the company said in a press release received by Lesprom Network. Danzer Group is an association of companies from the timber-processing industry which concentrate on the production of decorative veneers and sawn timber from high-grade hardwood. Danzer Group is represented in Europe, North America, Africa and Asia. It has its own forests and forest concessions, operates veneer plants and sawmills, and also has its own production plants for the manufacture of technical and 3D veneers. SIFROCO is one of the largest timber concession owners in the DRC. It manages about 1.9 m hectares of forest, sells logs and produces lumber, veneer, pallets and furniture. COTRACO is a road transport company.