Metsä Group completed the divestment of timber upgrading operations in France
Metsä Group Press Release 6 October 2015
On 5 October 2015, Metsäliitto Cooperative, the parent company of Metsä Group, has completed the divestment of the entire share capital of Metsä Wood France SAS to mutares AG.
Atte Ailio, Chief Financial Officer, Metsä Wood, Tel: +358 40 520 8196
Metsä Group is a responsible forest industry group whose products’ main raw material is wood from northern, sustainably managed forests. Metsä Group focuses on tissue and cooking papers, fresh forest fibre 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 billion in 2014, and it employs approximately 9,800 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 122,000 Finnish forest owners.
Metsä Wood provides competitive and environmentally friendly wood products for construction, industrial customers and distributor partners. We manufacture products from northern wood, a sustainable raw material of premium quality. Our sales in 2014 were EUR 0.9 billion, and we employ about 2,300 people. Metsä Wood is part of Metsä Group.