Acquiring Company
Binderholz Group
Acquired Company
Kuhmo Oy
Description
Binderholz Group has agreed to acquire Kuhmo Oy and its real estate company Juntinsalo to enhance its operations in Finland. This acquisition aims to strengthen Binderholz's presence in the growing area for coniferous timber. The move supports Binderholz's rapid expansion strategy and secures its demand for high-quality timber. The transaction awaits approval from the relevant competition authorities.
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Based on deal dataFrequently asked
Who acquired Kuhmo Oy?
Kuhmo Oy was acquired by Binderholz Group, based in Tyrol. The deal was reported on August 4, 2026. Binderholz Group is a family-owned company that specializes in sawn timber and solid wood products. It operates 60 sites globally and employs around 6,000 people. Binderholz Group is privately held and operates in Manufacturing.
When did Binderholz Group acquire Kuhmo Oy?
Binderholz Group's acquisition of Kuhmo Oy was reported on August 4, 2026. Binderholz Group has agreed to acquire Kuhmo Oy and its real estate company Juntinsalo to enhance its operations in Finland. This acquisition aims to strengthen Binderholz's presence in the growing area for coniferous timber. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kuhmo Oy do?
Kuhmo Oy processes over 1 million solid cubic meters of roundwood annually. It primarily produces sawn timber from pine and spruce, generating annual revenues of approximately €150 million. It is privately held, operating in Manufacturing, and is based in Kainuu.