Vida advances in European softwood producer rankings, with the Karl Hedin acquisition

Swedish sawmiller Vida has become the third-largest softwood producer in Europe, following the acquisition of three sawmills previously operated by AB Karl Hedin. The transaction adds an estimated 550,000 m³ of annual capacity, bringing Vida’s total output to over 3 million m³ per year. The updated ranking reflects a broader trend of consolidation among Europe’s major softwood producers. Total production by the leading groups is projected to reach 43.6 million m³ in 2025, up 12% from the previous year. This marks the third shift in the top three positions since the beginning of ...