Siparila boosts exports of its wood products by starting cooperation with Thermory

Siparila boosts exports of its wood products by starting cooperation with Thermory

Siparila Oy, Finland's leading manufacturer of pre-painted interior and exterior cladding panels, is to merge its business with Thermory AS of Estonia. The merger will create a global wood products company with a projected turnover of more than EUR 100 million and a combined annual production of up to 160 000 cubic metres. Thermory is the world's leading chemical-free wood processing company, founded in Estonia in 1997. The company uses a heat treatment process to produce solid wood flooring and...