Stora Enso finalises the divestment of 12.4% of its Swedish forest holdings
Stora Enso announced that it has successfully finalised the previously communicated divestment of part of its Swedish forest assets. The transaction, initially disclosed in May, concerned approximately 175,000 hectares of forest land, representing 12.4% of the company’s total forest holdings in Sweden. The agreed enterprise value of the transaction amounted to approximately EUR 900 million.
The buyer structure is composed of Soya Group, which acquired a 40.6% ownership stake, and a consortium led by MEAG, holding 44.4%. MEAG acts as the asset management arm of Munich Re, one of Germany’s leading insurance companies. As part of the deal, Stora Enso has chosen to maintain a 15% ownership in the newly established company, thus preserving a strategic interest in the management of the divested forests.
The transaction reflects Stora Enso’s ongoing efforts to optimise its asset portfolio and strengthen its financial flexibility. By monetising a portion of its forest holdings while still retaining a minority share, the company ensures both capital release and continued involvement in sustainable forest management.
Following the completion of this divestment, Stora Enso remains one of the largest private forest owners in Sweden, with more than 1.2 million hectares of land under its control. The fair value of these retained assets stood at approximately EUR 5.6 billion as of 30 September 2025.
The company reaffirmed that its remaining forest resources continue to play a central role in supporting its long-term strategy, particularly in supplying renewable raw materials for packaging, biomaterials, wooden construction solutions and paper products. Stora Enso highlighted that its forestry operations are managed according to strict sustainability standards, ensuring biodiversity preservation and carbon sequestration while providing a reliable supply of certified wood.
This divestment marks another important step in Stora Enso’s capital allocation strategy, balancing financial strength with the ambition to lead the transition towards a bio-based economy.
