Institutional investment, fast-growing Southern Yellow Pine and advanced sawmill technology are positioning the Southeast as a steady supplier for engineered structural products.
Canfor
The closures will leave Vida operating 13 sawmills across central and southern Sweden.
Lumber pricing rises on tighter supply, but weak demand, duties, and disruptions cut shipments and keep both lumber and pulp operations under pressure.
Transaction values former shares at 0.0425 Canfor share or $0.50 cash, delisting from TSX effective March 18.
Lumber demand stayed weak through most of the quarter, while scheduled maintenance reduced pulp output.
Lumber segment faces $215 million hit from European log supply pressures while pulp and paper takes $106 million charge.
No alternative bids were received from 15 potential buyers contacted before the January 19 deadline, confirming Canfor Corporation’s planned purchase of remaining shares.
Offer price represents a 25% premium to current trading value, with deal expected to close in Q1 2026.
North American housing weakness, high duties, and soft global pulp prices drive lower production and margins across all regions.