AKD finalises Yarram sawmill purchase

 
Associated Kiln Driers Softwoods (AKD) officially took ownership of the Yarram Sawmill after finalising the purchase with Carter Holt Harvey (CHH) Woodproducts earlier in March. Regular operations of the mill resumed on Monday 25th March, with all 60 existing employees offered ongoing employment.

The Yarram Sawmill processes approximately 150,000 cubic meters of saw-log into a range of timber products from its location in Gippsland, Victoria. AKD Softwoods CEO Shane Vicary believes Yarram is the perfect fit for the AKD Group.

“The Yarram business just like the Caboolture business purchased earlier in March, is a very well-run operation, with a fantastic team, and excellent plant” Mr. Vicary said. “We see this as a perfect fit for AKD, and will complement our existing operations in Victoria”.

“This exciting acquisition in eastern Victoria provides us with new customers and a greater range of products to offer our existing customers. AKD has a long-term commitment and belief in the Australian Forest Products Industry, and this is clearly shown in our acquisitions of the Caboolture and Yarram operations, as well as our brand new Sawmill in Colac”.

Source: AKD

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