Canfor Acquires Additional Shares in Vida AB of Sweden

Canfor Corporation
December 10, 2024
Category: Business & Politics
Region: Canada, Canada West

Vancouver, BC – Canfor Corporation announced that it has acquired 7% of outstanding shares of VIDA AB effective today. The shares were acquired from certain minority shareholders utilizing their option privileges under the February 2019 agreement in which Canfor purchased 70% of VIDA AB, Sweden’s largest privately owned sawmill company. After concluding this transaction, Canfor owns 77% of VIDA AB. [END]

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