Södra planning to divest forest holding in the Baltics

Södra’s mission is focused on members’ forests and to process their raw material, thereby creating value for these forest estates. Södra has therefore, as a step in implementing its strategy, decided to initiate a process to divest its forest holding and related activities in the Baltics. 

In order to do what’s best for forest estates and Södra’s long-term competitiveness, the holding is routinely evaluated against business needs.  

“Our mission is focused on members’ forests, not to actually own forests. We have therefore initiated a divestment of the forest holding in the Baltics and a process is under way to find the right buyer. But we are not in a hurry,” said Peter Karlsson, President of the Södra Skog business area.  

The process means that Södra is now looking at potential interested parties with the aim of moving forward with a divestment in 2025.  

Facts
Södra owns approximately 153 000 hectares land in Estonia and Latvia, where the majority is in Latvia. 

For questions from media
Södra’s Pressroom  
press@sodra.com  
+46 (0)47 089 090

For questions from stakeholders 
Handelsbanken  
Björn Drakenward, +46 (0)70-6318384  
Tobias Leopoldsson, +46(0)73-0891017 

Södra was founded in 1938 on the idea that we are stronger together. We are now the largest forest-owner association 
in Sweden, with more than 50,000 family forest owners as members. Together, the members of Södra own a world-leading industrial operation that processes forest raw material into renewable products such as pulp, timber, building systems, liquid bioproducts and energy. About 3,400 people are employed in our forest industry and in 2023, Södra generated sales of SEK 29billion. Our products are exported all over the world and together, we are contributing to a more natural way of living. Rooted in the forest, we grow the future.

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