Silvestica Green Forest Finland acquires 6,877 ha forestry land from UPM
(UPM, Helsinki, 5 July 2017 at 14:00 EET) - UPM has signed a contract to sell forest estates to Silvestica Green Forest Finland Oy. The contract covers 6,877 hectares of forestry land located in Kajaani, Sonkajärvi and Sotkamo in Finland. In addition, the parties have signed a separate long-term wood purchase and forest management agreement. Silvestica Green Forest Finland Oy is committed to certify the estates according to FSC[®] and to join the UPM managed FSC group certificate (FSC C 109750). For the time being the estates are PEFC[TM] certified. The parties have agreed not to disclose