Forests

Stora Enso divests 12.4% of its Swedish forest holdings
||
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...
continue reading
SCA becomes owner of Gällö Timber AB
||
SCA has acquired Persson Invest's 50% share in Gällö Timber to become the single owner of the business, strengthening its position as a leading Swedish producer of sawn timber. Before the transaction, SCA owned 50 percent of the capital in Gällö Timber AB. The transaction will take place during the...
continue reading