Sweden (News release) -- Mayr-Melnhof Holz has received the necessary approval from the competition authorities, and thereby completes its acquisition of the Swedish sawmill group Bergkvist Siljan.

The new sites in Insjön, Mora, and Blyberg (all in central Sweden) complement the existing sawmills in Leoben (Austria), Paskov (Czech Republic), and Efimovskij (Russia) perfectly and move Mayr-Melnhof Holz, with around 5 million m3 of log processing capacity, up to number 3 of Europe's largest sawmillers. For the first time in its 170-year long history, the group expects turnover to exceed Euro 1 billion in the 2022 financial year.

Bergkvist Siljan produces around 850,000 m3 of spruce and pine sawn timber annually. The group consists of three modern sawmills as well as one of the largest container terminals in Sweden.

Mayr-Melnhof Holz is one of the leading companies in the European sawmilling and engineered wood products industry.