Södra’s divestment of its forest holdings in the Baltics is now completed

The agreement between Södra and the Ingka Group’s investment company, Ingka Investments, regarding Södra’s forest holdings in the Baltics has now been approved and finalised.

With the aim of doing what is best for the forest estate and for Södra’s long-term competitiveness, Södra decided in early 2025 to divest all its forest holdings in Latvia and Estonia. Since the agreement with the buyer in October 2025, a competition review and approvals from local authorities have been underway – a process that has now been concluded. The transaction, with a purchase price of 720 million euros, is therefore complete.

“The decision to sell our forest holdings in the Baltics delivers on our mission to focus on our members’ forests and strengthens both our long-term competitiveness and our balance sheet. The completion of this transaction is positive for both today’s and tomorrow’s members. The Baltic forests have been a solid financial investment, but our mission lies in southern Sweden – in developing the value of every tree from our members’ forests,” says Lotta Lyrå, President and CEO of Södra.

The impact on Södra’s results will be reported in the first quarter of 2026. Södra’s operations in the Baltics now consist of two companies for timber imports – one in Latvia and one in Estonia.

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, energy and biochemicals. About 3,400 people are employed in our forest industry and in 2024, 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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