Stora Enso has completed the divestment, announced in May, of approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden, for an enterprise value of SEK 9.8 billion (equivalent to EUR 900 million).
The buyers are Soya Group (40.6% ownership), and a MEAG-led consortium (44.4%). MEAG is the asset manager of Munich Re, a German insurance company.
Stora Enso will retain a 15% ownership in the company. Following the divestment, Stora Enso retains more than 1.2 million hectares of forest land in Sweden, with a fair value of approximately EUR 5.6 billion as of 30 September 2025.
