Crown Timber changes name to Södra Wood Ltd
On 1 January, Crown Timber Group Plc will be renamed Södra Wood Ltd. The forest industry Group Södra acquired Crown Timber in March last year and the integration of the companies has proceeded at a high pace since then, culminating with this name change.On 31 March 2016, Södra acquired the remaining shares in Crown Timber Group plc. Södra had previously held approximately 20 percent of the shares in the company.
“The UK is our principal export market. This acquisition gives us valuable control over the entire supply chain – from production to end users – and provides potential for growth,