Metsä Spring invests in Montinutra, a startup that commercialises wood extracts
Metsä Group press release 1 March 2021Metsä Group’s innovation company Metsä Spring Ltd has made an equity investment in Montinutra Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately EUR 1 million, and Metsä Spring is participating in the round with current and new private investors. Montinutra intends to produce valuable ingredients for the cosmetics, food and beverage, and pharmaceutical industries using forest industry side streams as its raw material. Metsä Group has two spruce sawmills in Finland, which