Summery 18th century-1988 18th century 1759 Sawmill first step in industrialisation process The water-powered sawmill at Mo by the Söderå falls on the Moälven river starts production, the first unit what is to become a large industrial complex. 19th century 1836 Kempe enters the stage J C Kempe, a partner in the Härnösand firm of Johan Wikner & Co., takes over the sawmill on the Moälven. 1865 New sawmill built in Domsjö The Domsjö steam-powered sawmill at the mouth of the Moälven, is brought into production. 1872 J C Kempe passes away 1873 “Birth” of the MoDo Group The partnership known as Mo Bruksägare is converted into a limited company, Mo och Domsjö Aktiebolag. 1873 is therefore regarded as the year of MoDo’s birth. 1884 Frans Kempe takes the helm One of J C Kempe’s eleven children, his son Frans, is appointed president of the company. 1895 Norrbyskär in production Production starts at Frans Kempe’s newly built sawmill on Norrbyskär, an island at the mouth of the Öreälv on the Gulf of Bothnia. 20th century 1903 The first pulp mill in Domsjö …. The company’s first pulp mill (sulphite) is completed in Domsjö. It has an annual capacity of 6,000 tonnes. Mo och Domsjö AB 1906 …and the second one in Hörnefors The company’s second - and larger - sulphite mill is commissioned in Hörnefors. It has an annual capacity of 16,000 tonnes. 1907 The first union is formed The first union for MoDo’s employees is formed at the sulphite mill in Hörnefors. 1914-1918 The hydroelectric epoch begins with the completion of the Gideå Bruk power station on the Gideälven river in 1914 and of the Gideåbacka power station in 1918. 1917 Carl Kempe becomes president Frans Kempe’s son Carl is appointed president of the company. 1919 Husum mill commissioned The Husum sulphite pulp mill is commissioned with an annual capacity of 20,000 tonnes. 1929 Europe’s largest treetex factory built in Domsjö Mo och Domsjö Treetex AB is formed and Europe’s largest factory for the manufacture of treetex is built on the Hörneborg site alongside the Domsjö sulphite mill. 1936 Domsjö chlorine factory starts production 1936 MoDo’s share are listed on the Stockholm Stock Exchange. 1940-1941 Alcohol factories are built in Domsjö and Hörnefors A factory for the capacity to manufacture eight million litres of sulphite alcohol per year is completed in Domsjö (1940). Construction of a similar factory is begun in Hörnefors. It has a production capacity of four million litres per year. Summery 18th century-1988 1942 Factory built to manufacture prefabricated houses A prefabricated house factory and joinery works (to become MoDoHus) start production on the Hörneborg site. 1945 AB Berol-Produkter is acquired 1946 Jerfeds Mekaniska is acquired 1949 Erik Kempe takes over as new president Carl Kempe, chairman of MoDo since 1947, is succeeded by his cousin, Erik Kempe, as president of the company. 1951 Fine paper production begins The company’s first fine paper mill is completed in Hörnefors. It has a production capacity of 10,000 tonnes per year. 1952 Sawmill at Norrbyskär closed down 1959 Bengt Lyberg, new president Erik Kempe passes away; his successor as president is Bengt Lyberg. 1961 Hörnefors Fabriker sold Hörnefors Fabriker is sold to Norrlands skogsägares cellulosa AB (Ncb). 1961 Research lab inaugurated The new laboratory building at the central research department in Alfredshem is inaugurated. 1963 Production begins in Stenungsund MoDo’s chemical factories in Stenungsund start production. 1964 Interests in paper mills on the Continent MoDo acquires a 50% interest in a Belgian paper mill a year after having acquired 50% holdings in paper mills in Italy and France… Mo och Domsjö AB 1965 Matts Carlgren moves centre stage Carl Kempe steps down as chairman and is succeeded by Matts Carlgren. 1965 Tissue paper business incorporated into MoDO MoDo buys Pauliströms Bruks, which brings a tissue paper business into the Group. 1965 Bure AB is purchased In the same year, along with Stig O Grafström AB, a Härnösand engineering firm. 1966 Cellvabruken AB taken over 1968 Purchase of Robertsfors AB and a French paper mill in Pont Sainte Maxence near Paris. 1969 End of Treetex epoch A decision is made to close down the Treetex factory in Hörneborg. 1970 Brusafors-Hällefors is taken over This company owns the Silverdalen paper mill, the Mariannelund sulphite mill and Svenskt Papper, a firm of paper merchants. 1970 MoDoKemi is formed The organic chemical factories in Domsjö and Stenungsund are merged into a new constellation, MoDoKemi AB. 1970 Bure sawmill wound up 1971 Carlgren succeeds Lyberg Bengt Lyberg steps down as president of Mo och Domsjö AB to become county governor of Västerbotten. He is succeeded by Matts Carlgren. 1972 Husum commissions its first fine paper machine Summery 18th century-1988 Mo och Domsjö AB 1973 100th anniversary 1983 AB Stille-Werner is sold 1973 MoDo Kemi is sold to Statsföretag 1983 KemaNobel and SCA acquire interests in chlorate and chlorine factories MoDo and KemaNobel set up a joint venture (DoKem) to manufacture chlorate at MoDo’s chlorate factory in Domsjö. At the same time, the chlorine factory in Domsjö is transferred to the newly formed Domsjö Klor, which is owned by MoDo and SCA and a 50-50 basis. 1973 Employee representatives join the board 1973 A forestry project gets underway in Brazil 1974 AB Stille-Werner is purchased 1975 Husum first to introduce 6-shift working The Husum mills are the first to introduce sixshift working in Sweden. 1975 Nyboholms Bruk is purchased 1975 Sikeå sawmill ceases production 1976 Inauguration of PM2 in Husum by prime minister Thorbjörn Fälldin. 1977 Sulphite mill in Mariannelund ceases production. 1978 First woman on MoDo’s board Lil Karhola-Wettergren is the first woman to be elected to MoDo’s board. 1978 Formation of Sydved MoDo, Munksjö and Papyrusgruppen set up Sydved AB to procure wood in Southern Sweden. 1980-1981 MoDo becomes a major shareholder in Iggesund MoDo steadily builds up its holding of shares AB Iggesunds Bruk in 1980 and 1981 to a level where it controls 32% of the votes. 1981 Björn Sprängare new President Matts Carlgren steps down as the group’s president to become executive chairman. He is succeeded by Björn Sprängare. 1983 Sale of hydroelectric power stations The group’s hydroelectric power assets on the Gideälven and Umeälven rivers at sold for more than one million kronor to a Swedish investment consortium. 1983 Carlgren new chairman of Iggesund MoDo raises its interest in AB Iggesunds Bruk to 49.8% by the end of the year. Matts Carlgren, MoDo’s chairman, is elected chairman of AB Iggesunds Bruk as well. 1984 Dambiprodukter is purchased MoDo Konsumentprodukter acquires Dambiprodukter in Helsingborg, Scandinavia’s leading manufacturer of feminine hygiene products (panty liners). 1985 Sprängare goes – Löf comes Björn Sprängare steps down as president to chief executive of Trygg-Hansa. Bernt Löf takes over as MoDo’s president and chief executive officer. 1985 CTMP mill starts production in Domsjö MoDo and Iggesund’s jointly owned mill for the production of chemi-thermomechanical pulp (CTMP) in Domsjö is commissioned. 1985 Third fine paper machine (PM8) the third fine paper machine in Husum is inaugurated by King Carl XVI Gustaf. Summery 18th century-1988 1985 Iggesund buys shares in MoDo AB Iggesunds Bruk buys 7.2% of the shares in Mo och Domsjö AB. 1986 Manufacture of prefabricated houses is discontinued 1987 Holmen buys MoDo’s tissue paper business MoDo Konsumentprodukter, the Group’s tissue paper business, is sold to Holmens Bruk AB. 1987 MoDo/Iggesund becomes largest shareholder in Holmen And by the end of the year controls almost 80% of the votes and some 40% of the capital. 1988 Lundbergföretagen takes large stake in MoDo L E Lundbergföretagen and Marieberg become large shareholders in MoDo when they purchase Holmen shares, which are later converted into MoDo shares. Mo och Domsjö AB 1988 MoDo plans to purchase Graninge – but regrets this later MoDo, SCA and AGA announce offers for all of Graningeverken AB’s shares and convertibles. However, one month after the bid the three investors decide against an acquisition. MoDo+Iggesund+Holmen = Mo och Domsjö AB As a result of its bid for all the outstanding shares in Holmen and Iggesund MoDo becomes the owner of 99% of the capital and votes in AB Iggesunds Bruk and of 97.7% of the capital (98.6% of the votes) in Holmens Bruk AB. This marks the completion of the largest M&A deal in Sweden’s industrial history.
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