In August, the Austrian binderholz Group expanded outside Europe for the first time with the purchase of Klausner Lumber One in Live Oak, Florida.
The companyâs purchase of Klausner Lumber Two in Enfield, is its second American sawmill. The plant, located at 260 Piper Lane, was purchased on Dec. 10 for $83.4M in cash. The transaction is expected to close in January.
Reinhard Binder, CEO of binderholz, explained in a press release, âThe acquisition of Klausner Lumber Two in Enfield, North Carolina, is the logical complement to the Klausner Lumber One plant in Live Oak, Florida, which we acquired in August. This step will significantly improve availability for our customers. With this acquisition accomplished, the foundation has been laid for further investments in the depth of value creation.â