Bergs Timber Acquires Hedlunda Holding AB

June 29, 2023

Bergs Timber AB has acquired all shares in Hedlunda Holding AB, a manufacturer of wooden furniture and components with production sites in Lycksele, Sweden and Skoczów, Poland. The acquisition (purchase price ~SEK 140 million for the shares; total purchase price SEK 225 million on a cash- and debt-free basis) expands Bergs's wood-processing capabilities and creates a new Furniture & Components product area; Hedlunda reported ~SEK 620 million in trailing twelve-month sales and employs about 400 people.

Buyers
Bergs Timber AB
Targets
Hedlunda Holding AB
Sellers
Dalvi AB, Firmum AB
Industry
Manufacturing
Location
Västerbotten County, Sweden
Transaction Type
Buyout

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