VANCOUVER — Canfor Corporation announced that its 77%-owned subsidiary, Vida AB, has completed the acquisition of AB Karl Hedin Sågverk. The transaction, announced on July 22, 2025, adds approximately 230 million board feet to Vida’s annual production capacity, bringing its total annual production capacity to approximately 2.1 billion board feet. “We are excited to welcome the employees at AB Karl Hedin Sagverk’s three sawmills in Karbenning, Krylbo and Sater into the Canfor family,” said Susan Yurkovich, President and CEO of Canfor. “This acquisition strengthens Vida’s geographic footprint, increasing access to high-quality timber resources in Sweden, while continuing to diversify Cantor’s operations globally.”