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Nordic Wood Industries CEO signals return to growth as acquisition appetite reignites

After several challenging years, Nordic Wood Industries is preparing to return to an active acquisition strategy, driven by renewed confidence under the leadership of CEO and co-owner Holger C. Hansen. Following a period focused on stabilisation and operational clean-up, Hansen says the timber group is now well positioned to pursue further growth, supported by an expanded management team and improving financial performance.

© Nordic Wood Industries
CEO and co-owner of Nordic Wood Industries, Holger C. Hansen.

The appointment of Janus Pagh as COO marks a key step in this next phase. Pagh brings extensive experience from both the construction sector and senior management roles, including 14 years at Icopal and a period as CEO of Blue Ocean Robotics. According to Hansen, the role goes beyond a traditional COO remit, with a strong commercial focus designed to support expansion across the group's eight businesses.

Nordic Wood Industries has historically grown through steady acquisitions, averaging roughly one addition per year since 2019. After easing back in 2025 to concentrate on existing operations, Hansen confirms the group is once again open to deals, particularly in Germany. The company already has a foothold in the market through Skandach Holzindustrie in Magdeburg and Danish-based Bisco Binder, and is now targeting further opportunities, especially within trusses and timber elements.

While Hansen acknowledges that the German construction market remains under pressure, he believes the timing could prove advantageous as large-scale investment in infrastructure and defence begins to filter through. With stability restored at home and results for 2025 expected to be strong, Hansen says the group is firmly back on track and ready to grow again.

Source: www.wood-supply.dk

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