PortugalEURONEXT COR - CORTICEIRA AMORIM-SGPSCorticeira Amorim's Unit Sells Timberman Denmark Stake to Salix Group

Corticeira Amorim’s Unit Sells Timberman Denmark Stake to Salix Group

Europe


Corticeira Amorim’s Unit Sells Timberman Denmark Stake to Salix Group


Corticeira Amorim’s unit sells its Timberman Denmark stake to Salix Group for 23.7 million euros.
• The transaction generates an estimated gain of around 14 million euros in Corticeira Amorim’s combined accounts.
• The sale follows the launch of new Amorim Kork Solutions in 2025, part of Amorim Kork composites.