Metsä Group’s wood products industry Metsä Wood sells its gluelaminated beam business located in Hartola, Finland to Versowood Oy. The transaction is expected to be finalized by the end of November, as the company says in the press release received by Lesprom Network.
Personnel of the gluelaminated beam business will in its entirety transfer to the new owner’s payroll.
The divestment does not have a material financial impact on Metsä Group.