General Info
Hasslacher Norica Timber provides timber construction, laminates, pellets, shuttering panels, pallets and packaging solutions.
Location: Magdeburg
Country:
Industries:
Investment Regions: EU
Investment Stages: late-stage, pre-seed, seed, series-a
Website: https://www.nordlam.hasslacher.com/
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EU
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🤖 AI Activity Report
Status: very-active
AI Reasoning: HASSLACHER NORICA TIMBER (HASSLACHER group) announced a strategic investment in Element5 (a mass-timber producer in Ontario, Canada). The announcement states the expansion will reach full operation in the first half of 2025; the press release is dated 2025 (site shows news labeled 2025). The investment is therefore within the last 3 months relative to the reference date, so classify as very-active.
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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