Moelven Wood in Sweden has announced the acquisition of DLH's Swedish operations. The company has said it provides a local presence in Skåne and the southern parts of Sweden.

Mikael Axelsson, chief executive of Moelven Wood AB, said that the acquisition also provides a strong platform for the further expansion of a cost effective distribution arrangement both for the building materials trade and industrial customers.

Mr Axelsson said: ”We get the possibility to take over the customer and supplier relationships along with their associated revenue as well as acquiring access to a large and very efficient warehouse that is centrally located in the middle of Skåne. It gives us a fantastic opportunity to continue our growth journey.”

Moelven Wood AB will continue to conduct and develop the operations in Hässleholm. This means that seven people currently working with stock management at the facility in Hässleholm will be offered employment with Moelven Wood AB. Moelven Wood AB takes over the business on 21 November 2016.