AKD Softwoods acquires NSW Sawmilling Business
AKD Softwoods have confirmed that today, it finalised the purchase of Carter Holt Harvey’s New South Wales sawmilling business.
The major assets of this business comprise of the Tumut sawmill, Gilmore treatment facility, a 50% interest in the Highland Pine Products joint venture in Oberon and a distribution centre in Berkeley Vale.
All of the nearly 500 NSW employees will continue to be employed by the business. AKD’s Chief Executive Officer Shane Vicary said “we are excited to be acquiring the assets and merging the NSW people into our AKD team, the operations are well run and operated by dedicated, talented and passionate people.”