FAM supports Stora Enso’s planned separation and public listing of its Swedish forest assets business

Stora Enso has today announced that, following the strategic review, its board of directors has decided to initiate preparations for the separation of the Swedish forest assets business into a new publicly listed company. The separation is intended to be executed through a partial cross-border demerger, through which Stora Enso’s shareholders will receive all shares in the new publicly listed company.

“FAM supports Stora Enso’s planned separation and public listing of its Swedish forest assets business. The separation would create two leading companies, one of the world’s leading global renewable materials and packaging companies and Europe’s largest listed pure play forest company. This will increase focus and unlock values. Both the new forest company and Stora Enso would be strategic holdings for FAM”, commented FAM's CEO, Håkan Buskhe.

The contemplated demerger is subject to certain conditions, including approval and signing of a demerger plan by the board of directors of Stora Enso and approval of the demerger by a general meeting of shareholders of Stora Enso.

FAM is one of the largest owners of Stora Enso, holding 10.2 percent of the capital and 27.4 percent of the votes.

For inquiries, please contact:
Ebba Eckerdal, Communication Associate, FAM
Email: press@fam.se 
Phone: +46 70 042 91 49

About FAM AB:
FAM is a private holding company that manages its assets through active ownership with a long-term investment horizon. FAM is owned by the three largest Wallenberg Foundations – through Wallenberg Investments AB. FAM’s major holdings include SKF, Stora Enso, Munters, IPCO, Kopparfors Skogar, The Grand Group, Höganäs, Nefab, and Kivra. Through value growth and dividends from its holdings, FAM contributes to the Wallenberg Foundations' value growth and their ability to provide grants for research and education.