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.