Metsä Group’s Finnish sawmills will become part of Metsä Fibre
Metsä Group stock exchange release 29 June 2016 at 11 am EET Metsä Group’s Finnish sawmills will become part of the Group’s pulp industry Metsä Fibre in a group internal transaction. Until now, the sawmills have been part of the Group’s wood products industry Metsä Wood apart from the Svir sawmill in Russia which has already been part of Metsä Fibre. The transfer is expected to take place by the end of 2016. The transfer is done to fully utilize the industrial synergies between pulp production and sawmilling. Use of wood raw material and logistics costs can be optimized even better