Lumber and paper company Weyerhaeuser is selling its European engineered wood products operations to Finnforest of Finland. Terms of the sale...

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Lumber and paper company Weyerhaeuser is selling its European engineered wood products operations to Finnforest of Finland.

Terms of the sale of Weyerhaeuser’s iLevel operations in Europe were not disclosed.

Customers of iLevel include wholesale distributors, building material dealers, structural systems suppliers and industrial manufacturers.

The deal covers about 30 personnel in sales and technical support, as well as supply commitments for iLevel’s wood products brands in Europe.

Weyerhaeuser iLevel Vice President Carlos Guilherme says the deal will allow iLevel to concentrate on business in North America.