Setra Group Wins 3-Year Contract from Kahr

Stockholm, Sweden, July 13–The Swedish wood industry company Setra Group AB has secured a three-year contract for pine wood from the flooring maker AB Gustaf Kahr.

The deliveries, estimated to be worth some SEK100m or $13.4 million per year, are to be made in cooperation with Sodra Timber and Iggesund Timber.

According to Setra Group the contract marks a new strategy at Gustaf Kahr in that the company had decided to cover its entire pine wood needs with one single contract.