September 27, 2016 9:24 PM ET

Paper and Forest Products

Company Overview of Södra Skogsägarna ekonomisk förening

Company Overview

Södra Skogsägarna ekonomisk förening manufactures and sells sawn and planed timber goods, interior products, paper pulp, and biofuel. The company operates in Södra Skog, Södra Wood, and Södra Cell segments. The Södra Skog segment trades in wood raw materials and biomass fuel; and provides forestry services to members. The Södra Cell segment produces bleached sulphate market pulp for the production of fine paper, printing paper, tissue, and specialty products. The Södra Wood segment manufactures sawn and planed timber products primarily for construction and other building applications, as well as provides a range of interior wood products, including moldings, panels, flooring, and interior fi...

Skogsudden

Vaxjo,  351 89

Sweden

Founded in 1938

3,599 Employees

Phone:

46 47 08 90 00

Key Executives for Södra Skogsägarna ekonomisk förening

Chief Executive Officer, President and Chairman of Finance Committee
Age: 59
Interim Chief Financial Officer
President of Södra Cell Business Area
Age: 51
Director of Forestry and President of Södra Skog
Age: 49
President of Södra Wood
Age: 51
Compensation as of Fiscal Year 2016.

Södra Skogsägarna ekonomisk förening Key Developments

Sodra Reduces Capacity and Will Close Two Sawmills; Plans Investments for the Sawmills in Langasjo, Varo and Orrefors in Sweden

The structural changes in the sawmill and planing operations are designed to strengthen Sodra's long-term competitiveness. Trade union negotiations have been initiated prior to closure of the softwood sawmills at Ramkvilla and Torsas, as well as production cuts at Monsteras and Varo. Overall, annual production capacity will be reduced by approximately 200,000m3 and approximately 150 employees will be affected by the restructuring. At the same time, major strategic investments are being planned for the remaining sawmills. The hardwood sawmill at Djursdala is also currently undergoing a divestment process. The company's investments are being planned for the sawmills in Langasjo, Varo and Orrefors in Sweden, with the large investment to be made in Langasjo, where the production volume will increase from 280,000m3 to 360,000m3. The company is also looking at possibilities for increased timber housing construction, through its subsidiary Trivselhus.

Södra May Sell Sawmills

Lars Idermark, Chief Executive Officer of Södra Skogsägarna ekonomisk förening has stated that the company's timber division Södra Wood Products AB is in need of structure optimisation, indicating that sawmills may be divested.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 27, 2016
Södra Wood Rottne
Merger/Acquisition
March 31, 2016
Crown Timber plc
 

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