Their goal was to increase sawmill capacity to meet the growing demand, and to save costs by reducing waste. The transaction primarily involved Canadian exporters, bringing together expertise from various corners of the world. The purchase of a new sawmill processing line will increase production capacity by seven-fold, reducing the need for third-party suppliers and enhancing the sustainability of their operations.

The deal, amounting to USD 2.5 million, underlines Elevate’s dedication to supporting business growth and development on a global scale.