Weyerhaeuser to sell European engineered wood products business

lunedì 14 gennaio 2008 14:50

Jan 14 (Reuters) - Weyerhaeuser Co (WY.N: Quotazione), a major U.S. producer of lumber and wood products, said it agreed to sell its iLevel European engineered wood products operations to Finland-based Finnforest.

The company did not disclose the terms of the deal, but said in a statement it included about 30 associates in the sales and technical support organization. (Reporting by Anant Vijay Kala in Bangalore; Editing by Anupama Dwivedi)