Metsä Group closes the divestment of Metsä Wood Merk GmbH
Metsä Group Press Release 22 April 2013
On 11 March 2013, Metsä Group's parent company Metsäliitto Cooperative and Ed. Züblin AG Group announced an agreement on a transaction in which Metsäliitto Cooperative divests the shares of Metsä Wood Merk GmbH to Ed. Züblin AG Group. The transaction was closed on 22 April 2013 after the approval of German Competition Authorities. The transaction does not cause any significant capital gain.
Metsä Wood Merk GmbH was a subsidiary of Metsä Wood Deutschland GmbH. German-based Ed. Züblin AG Group is part of the Strabag Group.
For further information, please contact:
Atte Ailio, Senior Vice President, CFO, Metsä Wood, tel. +358 10 465 4381
Metsä Group is a responsible forest industry group whose products’ main raw material is renewable and sustainably grown Nordic wood. Metsä Group focuses on tissue and cooking papers, consumer packaging paperboards, pulp, wood products, and wood supply and forest services. Its high-quality products combine renewable raw materials, customer-orientation, sustainable development and innovation. Metsä Group’s sales totalled EUR 5.0 billion in 2012, and it employs approximately 11,500 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 125,000 Finnish forest owners.
Metsä Wood offers competitive and eco-efficient wood-based solutions for industrial construction customers, other industrial customers and the home and lifestyle sectors. We manufacture products from Nordic wood, a sustainable raw material of premium quality. Our sales were EUR 904 million in 2012, and we employ some 2,700 people. Metsä Wood is part of Metsä Group.