{"id":74946,"date":"2017-12-04T11:03:46","date_gmt":"2017-12-04T11:03:46","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/holmen-sells-forest-properties-sweden-persson-invest\/"},"modified":"2025-09-19T08:47:11","modified_gmt":"2025-09-19T08:47:11","slug":"holmen-sells-forest-properties-sweden-persson-invest","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/holmen-sells-forest-properties-sweden-persson-invest\/","title":{"rendered":"Holmen sells its forest properties in Sweden to Persson Invest"},"content":{"rendered":"

Holmen signed an agreement to sell forest properties in north-west J\u00e4mtland, Sweden, for SEK 100 million. The properties comprise 4 400 hectares of productive forest land, 2 000 hectares of which are actively managed. According to the announcement, the sale is expected to be completed in January 2018.<\/p>\n

The buyer is Persson Invest, a Group with a turnover of 5.5 billion SEK that already owns 100,000 hectares of forest land in J\u00e4mtland County.<\/p>\n

Henrik Sj\u00f6lund, President and CEO of Holmen, commented:<\/strong><\/p>\n

\u201cThis forest land is located far from our production facilities and has significant other values than forestry. We intend to reinvest the sales proceeds in forest located closer to our own production facilities.\u201d<\/em><\/p><\/blockquote>\n

With holdings of over 1 million hectares of productive forest land, Holmen is one of Sweden\u2019s largest forest owners.<\/p>\n

As the transaction result, the group\u2019s earnings will be positively impacted by just over SEK 70 million in the first quarter of 2018 since the sale price exceeds the carrying amount according to IAS 41.<\/p>","protected":false},"excerpt":{"rendered":"

Holmen signed an agreement to sell forest properties in north-west J\u00e4mtland, Sweden, for SEK 100 million. The properties comprise 4 400 hectares of productive forest land, 2 000 hectares of which are actively managed. 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