HS Timber Group News
Schweighofer Group focuses on its core business and sells its subsidiary Schweighofer Fiber GmbH to TowerBrook Capital Partners
The Schweighofer Group, one of Europe’s leading timber processing companies, focuses on its core business of wood processing and sells its subsidiary Schweighofer Fiber GmbH in Hallein, Austria. The closing of the transaction was on 12 September 2017. The company specialising in the production of viscose pulp is listed amongst the most profitable of the “Top 250” companies in Austria.
Schweighofer Fiber was acquired by TowerBrook Capital Partners, a company focusing on investing in medium-sized enterprises with future-oriented products. Jörg Harbring, who has served as the company’s Managing Director since 2004, will remain in his position and stands for the company’s continued development.
Further information