“SIWood” history started in 2006 in Panevezys, Lithuania. Due to labor cost related reasons, owners of two Norwegian companies have decided to move production units of kitchen furniture fronts and Beaver interior panels to Lithuania and as a result of this decision the company UAB “Aldrea” was established in  April 2006. In year 2011 became part of the Swedish SÖDRA group, SIWood has gained valuable experience and has attracted numerous investments in new production technologies and automation of processes for 2011-2015. Swedish investments amounted to more than 1.83 million euros. They made it possible to modernize the company, at the same time increasing its ability to compete in foreign markets. "SIWood" supplied product range has grown more than tenfold, so at this time, the company can offer not only the wall and ceiling panels, but a wide range of window sills and other moldings from MDF. Over the last 5 years the company's exports increased by more than 60 percent and at the end of 2015 amounted to 6.33 million euros. As a result in the year 2015 SIWood was awarded as the best Lithuanian Export Prize 2015 company from Panevežys. The company currently employs 60 workers, around 99 percent all the company's sales are exports. The largest part of the "SIWood's produced goods goes to Norway and Sweden. The company's products also reach customers in the United Kingdom, Denmark and neighborhood country Latvia.

Since 1st of July 2017 "SIWood" became part of German Sörnsen Holzleisten GmbH.