Baettr has completed the sale of its land and buildings in Guldsmedshyttan, Sweden, to Nordic Industries Holding AB.
Following Baettr’s decision to cease operations at the site, finding a new owner with ambitions to develop the facility has been an important priority. We are therefore pleased that Nordic Industries Holding AB will take over the property and create a new future for the site.
“Closing our operations in Guldsmedshyttan was one of the most difficult decisions we have had to make. The site has a long industrial heritage and has been home to many dedicated colleagues over the years. We are therefore genuinely pleased that Nordic Industries Holding AB sees opportunities in the facility and will continue to create industrial activity at the site. We hope this investment will contribute positively to the local community and create new opportunities for the region.”
– Peter Pallishøj, CEO at Baettr
The transaction marks the final step in Baettr’s exit from Guldsmedshyttan following the closure of production. Throughout the process, Baettr has worked to ensure a responsible transition for employees, customers and other stakeholders while seeking the best possible future for the property.
