Metsä Fibre Oy sold Metsä-Botnia Metsät Oy to Dasos Capital’s forestry fund
Metsä Fibre release 15.8.2016 at 2 pm EEST
Metsä Fibre Oy, part of Metsä Group, has sold the entire share capital of Metsä-Botnia Metsät Oy to a fund managed by Dasos Capital Oy. Metsä-Botnia Metsät owns land and water areas of about 34,000 hectares.
The transaction has no personnel impact. The long-term contracts between Metsä Group and Metsä-Botnia Metsät on wood sales and forest management services will remain in effect.
Metsä Fibre is a leading producer of bioproducts and bioenergy. The company’s Botnia brand softwood and birch pulp grades have been developed for the production of high-quality board, tissue and printing paper and speciality products. Currently employing approximately 850 people, the company’s sales totaled EUR 1.4 billion in 2015. Metsä Fibre is part of Metsä Group.