Powerflute increases stake in Harvestia

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Finnish company Powerflute signed an agreement with Vapo to acquire another 47.4% of shares in wood supplier Harvestia for €1.1m, giving Powerflute a share of 94.7% in the company. The transaction is expected to be completed on 2 January 2017. Harvestia was founded in 2008 by Powerflute and Myllykoski and has been ...

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