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March 5, 2025

Latvian timber trading company acquires Metsä Forest Latvia

Timber trading company ACA Timber acquires 100% of the shares of forestry and timber trading company Metsä Forest Latvia from Metsä Group's parent company Metsäliitto Cooperative. The transaction, which is subject to approval by the Competition Council, is expected to close in the second quarter of 2025. Both parties have agreed to keep the terms of the transaction confidential. Metsä Forest Latvia, which will soon be renamed ACA Forest, is a cohesive, disciplined and well-organized team of 34 employees with decades of experience and connections to the Latvian forestry industry, provided by the company’s own ...

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