Metsäliitto buys 9 % of Metsä-Botnia's shares for EUR 240 million
Metsäliitto Group STOCK EXCHANGE RELEASE
METSÄLIITTO BUYS 9% OF METSÄ-BOTNIA'S SHARES FOR EUR 240 MILLION
Metsäliitto Group's parent company, Metsäliitto Cooperative, has today acquired
9% of Metsä-Botnia's shares from M-real Corporation. The transaction is a part of
a restructuring programme announced by M-real on 18.10.2006.
Both M-real and Metsä-Botnia are subsidiaries of Metsäliitto Group. In this
internal transaction within the Group, Metsäliitto is paying M-real EUR 240
million for the Metsä-Botnia shares.
Lauri Peltola, Group CCO, Metsäliitto Group, tel. +358 50 570 5606
Metsä Group is a forerunner in sustainable bioeconomy utilising renewable wood from sustainably managed northern forests. Metsä Group focuses on wood supply and forest services, wood products, pulp, fresh fibre paperboards and tissue and cooking papers.
Metsä Group’s sales totalled EUR 5.0 billion in 2017, and it employs approximately 9,100 people. The Group operates in nearly 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 104,000 Finnish forest owners.