Danes acquire Estonian sawmill

Arno Tammjärv, the owner of Estonian sawmill Barrus that manufactures window and door components in South Estonia, has sold the company to a Danish enterprise Inter-Invest A/S, writes aripaev.ee.

Although the company did not disclose the purchase price, it is estimated to have been between 50 million to 100 million kroons, based on the company’s economic results from recent years. Barrus ended last year with the turnover of 152 million kroons, an increase of 1.1 times from 2008.

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