PÖYRY EXPANDS ITS FOREST INDUSTRY CONSULTING SERVICES PORTFOLIO IN
NORTH AMERICA BY ACQUIRING PERFOREX INC.
Pöyry has expanded its management consulting services portfolio and
market presence in the North American forest industry by acquiring
Perforex Inc., Canada. The company's main operational bases are in
Toronto, Canada, and Atlanta and Portland (Oregon), USA. The
transaction strengthens Pöyry's position as the leading forest
industry management consultant in the world, employing more than 300
experts globally.
Founded in 1993, Perforex is a company focusing on sustainable
operations improvement and excellence in wood products and forestry
operations. The company's business approach is based on specific
operational metrics supported by data collection and proprietary
analytical systems. Perforex has a strong reputation and counts
amongst its clients leading wood products and forest operations
across North America. The company's net sales in 2006 amounted to EUR
4.5 million and it employs 35 experts.
Following the transaction, Pöyry offers an expanded scope of asset
appraisal and operations improvement services to its clientele. Suvi
Anttila, President of Pöyry's Management Consulting business area
comments: "The practical approach of the Perforex team to change
management process is perfectly aligned with our technical ability to
identify opportunities for improving asset performance. The
combination of Pöyry's global perspective on operational excellence
with Perforex's plant-level implementation skills will be of great
value to companies in the forest industry value chain."
The entire business of Perforex will be integrated into Pöyry's
forest industry management consulting organisation, and its senior
management and leading staff members will take key positions within
the forest industry management consulting business area in North
America. Perforex Inc. will be consolidated into Pöyry as of November
30, 2007.
Pöyry is a global consulting and engineering firm focusing on the
energy, forest industry and infrastructure & environment sectors.
Pöyry's net sales in 2006 amounted to about EUR 620 million and it
employs 7000 experts.
PÖYRY PLC
Satu Perälampi
VP, Corporate Communications and IR
Additional information by:
Jukka Nyrölä, President, Forest Industry Business Group, Pöyry Plc
Tel. +358 10 33 22010
Norman Lord, President, Forest Industry Consulting, North America
Tel. +1 514 233 5954
www.poyry.com
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