December 10, 2024
Vancouver, BC - Canfor Corporation (TSX:CFP) announced that it has acquired 7% of outstanding shares of VIDA AB effective today.
The shares were acquired from certain minority shareholders utilizing their option privileges under the February 2019 agreement in which Canfor purchased 70% of VIDA AB, Sweden’s largest privately owned sawmill company. After concluding this transaction, Canfor owns 77% of VIDA AB.