Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Source: Timberbiz
Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale.
A potential transaction would be subject to agreeing terms and conditions with investors, including a long-term wood supply and forest management agreement.
If the sale goes ahead, it would reduce debt and strengthen Stora Enso’s balance sheet, confirming the financial value of the company’s forest holdings.
Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world.
Stora Enso has approximately 20,000 employees and its sales in 2023 were EUR 9.4 billion.
