Following the announcement of the Näpi mill closure in June this year, Stora Enso has systematically ceased all ongoing operations at the site. Now the company has signed an agreement to sell the sawmill, including the associated land and further processing machinery to Puidukoda, a local planed timber producer. The new owner will re-start operations on site with the intention to employ local residents to run the business.
The transaction with Puidukoda includes all the land and buildings as well as the equipment related to wood processing, excluding the sawmill's machinery. The sawline and associated equipment will be sold to another buyer and the rest of the equipment from Näpi site has been shipped to other Stora Enso sawmills.
The primary purchaser Puidukoda is a wood processing company based on French capital, located in Karksi, Southern Estonia, established in 1997. The company specializes in manufacturing planed timber products and will start operations at the acquired site.
Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world.
