IFLR1000

Bergs Timber $32.5 million acquisition of Norvik's timber operations

4/5/2018
Asset acquisition
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$ 32.5 million

Announced

4/5/2018

Overview:

  • Bergs Timber has acquired Norvik's timber operations for $32.5 million.
  • The acquired operations include Vika Wood and Byko-lat (Latvia), EWP and Laesti (Estonia), and Norvik Shipping (United Kingdom).
  • Bergs Timber produces wood products and linseed oil as well as by-products. 

Katrin Kostadinova - Data analyst

Jurisdiction:

Iceland

Deal type:

Asset acquisition

Practice area:

M&A

Governing law:

Iceland

Industry sector:

Industrials and manufacturing

Firm:
TGS Baltic

Party: Bergs Timber (Acquirer)

Lawyers: Andra Rubene, Kadri Kallas

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