CEO Peter Nilsson comments on Norvik´s takeover

Bergs is Once Again a Family-Owned Company

Our owner, the Icelandic company Norvik, acquired full ownership of Bergs through a buyout from the stock exchange at the end of 2023. This means that after nearly 40 years as a publicly listed company, Bergs has returned to private ownership.

For us, this is a positive development. Being publicly listed entails significant administrative requirements and costs, and at this stage, we have not fully benefited from the listing. At the same time, our main owner has had limited opportunities to act freely with their shares. The change has therefore been well received, as confirmed by the high acceptance rate of the offer.

My colleagues at the Stockholm office – Anders, Rickard, and Johan – and I will continue as before. With the new ownership, we will have more time to focus on follow-ups, supporting and developing our companies, and actively seeking new investments and acquisitions. At the same time, I want to emphasize that our decentralized business model remains unchanged – our subsidiaries' management teams will continue to have full responsibility for daily operations.

Our name, which we have proudly carried for over 100 years, remains unchanged after this transition. In recent years, we have experienced strong growth and a shift in the group’s focus – from sawmills to increased processing of wood raw materials. We will now continue to develop Bergs to meet the future, ensuring that our products and services hold a natural place in sustainable value chains for quality-conscious customers in construction, renovation, and furniture manufacturing across many countries.

I look forward to continuing to lead our efforts and to engaging with our stakeholders in various settings. Our ambition is to be an open and welcoming company with an entrepreneurial drive. Bergs will continue to be visible, make an impact, and act proactively.