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Kruger buys all Grard Crte & Fils shares


December 5, 2006
By Pulp & Paper Canada

Kruger has bought all of Grard Crte & Fils’ shares.

Kruger has bought all of Grard Crte & Fils’ shares.

Since 1992, Kruger maintained a 50% shareholder status of the company, which owns two active sawmills in the Mauricie region of Quebec, a plant that specializes in high-quality bedframe stock, and 75% of the Les Lattes NG.

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“We are convinced that in the long run, this transaction will strengthen and complement our lumber business as a whole and especially our current operation in the Mauricie region,” said Eric Bisson, senior vice president of Kruger’s forest and wood products division.


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