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Hardwood Division
The Hardwood Division trades in tropical hardwood from South America, Africa and South East Asia as well as in temperate hardwood, primarily from Eastern Europe and North America. The timber is mainly supplied by local sawmills and manufacturers.
Moreover, the acquisition of the tt Timber Group in 2006 gave the division direct access to extensive sustainable tropical forests in Africa. Today, the division obtains 10% of its supplies from its own forest concessions.
In addition to being engaged in the storage and shipment of raw materials, the Hardwood Division is increasingly becoming involved in the actual processing of the timber in the supply regions, such as the drying and production of flooring strips, decking tiles and planks.
The majority of the division’s goods are sold in Europe and North America. Customers are industrial firms in the building and construction sector, such as manufacturers of windows and doors, kitchen elements and flooring, as well as furniture manufacturers and other businesses in the timber industry. The division also supplies timber to other distributors and retailers, such as timber merchant companies and DIY stores. In addition, the division provides large industrial customers with niche goods. The division has a number of major regional competitors as well as a considerable number of local competitors.