Metsä Fibre Oy sold Metsä-Botnia Metsät Oy to Dasos Capital’s forestry fund

Metsä Fibre release 15.8.2016 at 2 pm EEST

Metsä Fibre Oy, part of Metsä Group, has sold the entire share capital of Metsä-Botnia Metsät Oy to a fund managed by Dasos Capital Oy. Metsä-Botnia Metsät owns land and water areas of about 34,000 hectares.

The transaction has no personnel impact. The long-term contracts between Metsä Group and Metsä-Botnia Metsät on wood sales and forest management services will remain in effect.


METSÄ FIBRE
 

Further information:
Mikael Westerlund, CFO, Metsä Fibre Oy, tel. +358 40 560 2663
 

www.metsafibre.com

Metsä Fibre is a leading producer of bioproducts and bioenergy. The company’s Botnia brand softwood and birch pulp grades have been developed for the production of high-quality board, tissue and printing paper and speciality products. Currently employing approximately 850 people, the company’s sales totaled EUR 1.4 billion in 2015. Metsä Fibre is part of Metsä Group.

About Us

Metsä Fibrewww.metsafibre.com Metsä Fibre is a leading producer of bioproducts and bioenergy. The company’s pulp brand is Botnia and the sawn timber brand is Metsä Nordic Timber. The company’s bleached softwood and birch pulp grades have been developed for the production of high-quality board, tissue and printing paper and speciality products. The main applications for spruce and pine sawn timber are products for construction and interior decoration as well as window and door joinery and raw material for packaging industry. Currently employing approximately 1 200 people, the company’s sales totalled EUR 1.9 billion in 2017. Metsä Fibre is part of Metsä Group.

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