Setra initiates process of selling Setra Rolfs in Kalix
Setra has set in motion the sale of its operation in Rolfs, Kalix. The mill has around 60 employees and produces sawn wood products such as construction timber, cladding and a range of other building products.Hannele Arvonen, Setra’s President and CEO, comments:“We are focusing on increasing the synergies within the Group as a means of improving our long-term competitiveness. The level of integration between Setra Rolfs and Setra’s other production units is low when it comes to raw material supply and marketing concepts, and it therefore makes sense for us to explore other ownership