Stora Enso has reached an agreement to sell 175,000 hectares of forest land in Sweden, representing 12.4% of its total Swedish holdings, for an enterprise value of €900 million. The move forms part of a broader strategy to strengthen the company’s financial position while maintaining access to strategic resources. The buyer is a newly established entity co-owned by Soya Group, which holds a 40.6% stake, and MEAG, the asset management arm of German insurer Munich Re, which holds 44.4%. Stora Enso retains a 15% ownership interest, allowing it to benefit from any future ...
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