The divestment of Metsä Group’s parent company Metsäliitto Cooperative’s wood supply business in Latvia to ACA Timber has been completed. The seller is Metsä Forest Latvia SIA, a subsidiary fully owned by Metsäliitto Cooperative. On 3 March 2025, Metsä Group announced the divestment of its wood supply business in Latvia, which at the time still required approval by the Latvian Competition Authority. The divestment of the Latvian wood supply operations has no material financial impact on Metsä Group’s wood supply and forest services business. The parties have agreed on long-term deliveries of pulpwood ...