Finnforest subsidiary Moelven broadens ownership base
02/06/2004Finnforest Corporation, Metsäliitto Cooperative (Finnforest's parent company),and Moelven Industrier ASA have sold part of their shareholdings in Moelven tofour Norwegian forest owners' associations. The ownership base of Finnforest'sNorwegian subsidiary Moelven is thus broadened with the addition of two newowners, the Haldenvassdraget (Havass) and Agder-Telemark (AT-Skog) forestowners' associations. The Mjøsen and Glommen forest owners' associations haveincreased their holdings. The shares that were sold represent 12.4% of Moelven Industrier ASA's shares.Finnforest