Stora Enso finalises the divestment of 12.4% of its Swedish forest holdings
STORA ENSO OYJ PRESS RELEASE 30 September 2025 at 13:45 EEST
Stora Enso has completed the divestment, announced in May, of approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden, for an enterprise value of SEK 9.8 billion, equivalent to EUR 900 million.
The buyers are Soya Group (40.6% ownership), and a MEAG-led consortium (44.4%). MEAG is the asset manager of Munich Re, a German insurance company. Stora Enso will retain a 15% ownership in the company.
Following the divestment, Stora Enso retains over 1.2 million hectares of forest land in Sweden, with a fair value of approximately EUR 5.6 billion as of 30 September 2025.
Stora Enso’s earlier releases about the forest divestment:
21 May 2025: Stora Enso divests 12.4% of its Swedish forest holdings for an enterprise value of EUR 900 million
3 October 2024: Stora Enso prepares to sell parts of its forest assets in Sweden
For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349
Investor enquiries:
Jutta Mikkola
VP Investor Relations
tel. +358 50 544 6061
The forest is at the heart of Stora Enso, and we believe that everything made from fossil-based materials today can be made from a tree tomorrow. We are the leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. In 2024, Stora Enso had approximately 19,000 employees, and the Group sales were EUR 9 billion. Stora Enso’s shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com
STORA ENSO OYJ
For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349
Investor enquiries:
Jutta Mikkola
VP Investor Relations
tel. +358 50 544 6061
