SCA to acquire more forest land in the Baltics
SCA has signed an agreement to acquire forest land in Latvia. The acquisition comprises an area of 19,150 hectares, of which 13,100 is forest land. The purchase price is EUR 44.5m, approximately SEK 450m. The standing timber volume amounts to 1.8 million m3fo. Some areas of the acquired land that are not forest land, will be divested. SCA has so far acquired 30,000 hectares of forest land in Estonia and Latvia. “We have the ambition to grow as forest owner in the Baltic states”, says Jonas Mårtensson, President Forest ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles
In-depth analyses of market trends
Exclusive market price insights
And much more!
