Springer Group acquired majority stake in FinScan

Photo: Springer Group
Photo: Springer Group

Springer Group has acquired a majority stake in Finnish company FinScan, according to Lesprom Network. A company with its head office in Espoo (Helsinki area) is a specialist in scanners and software for automated optimization of lumber in sawmills. FinScan has installed more than 400 scanners in over 20 countries around the world.

Timo Springer, CEO of Springer-Group said: “With the majority stake in FinScan we extend our market product portfolio as an integrated technology provider for the wood-processing industry. From now, we have an extensive range of optimization systems in the wood-processing industry at our disposal and that way, we can expand our technological and innovative leader-ship.”