Bergs grows within windows and doors through acquisition in Poland
Bergs Timber AB (publ) has today acquired the Polish company PPUH PINUS SP.Z O.O. ('Pinus'). The company manufactures bespoke windows and doors in the premium segment and had a turnover of approximately SEK 80 million in 2021. The acquisition enables continued expansion in Bergs's Joinery product area.PRESS RELEASE July 5, 2022 The transaction in brief Bergs acquires 100% of the shares in Pinus and the sellers are the founders of the company. The former owners will remain with the company for a transitional period. Background and rationale Bergs manufactures,