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Canfor secures an additional 7% stake in VIDA AB to expand global footprint
Posted on December 12, 2024 |
Canfor has purchased an additional 7% of VIDA AB's shares.
The transaction involved minority shareholders exercising their rights from a 2019 agreement.
In 2019, Canfor acquired a 70% stake in VIDA, Sweden’s largest private sawmill company.
With this purchase, Canfor now owns 77% of VIDA.