SWEDEN (News release) -- Stora Enso has finalised the sale of approximately 175,000 hectares of forest land in Sweden, representing 12.4% of its total holdings in the country, for an enterprise value of SEK 9.8 billion, equivalent to Euro 900 million. The buyers include Soya Group, which acquires a 40.6% stake, and a consortium led by MEAG, the asset management arm of Munich Re, with a 44.4% stake. Stora Enso retains 15% ownership in the new structure.

Following the divestment, Stora Enso holds more than 1.2 million hectares of forest land in Sweden, with a reported fair value of approximately Euro 5.6 billion as of 30 September 2025.

In June 2025, Stora Enso initiated a strategic review of its Swedish forest assets to support a stronger focus on renewable packaging. The company is evaluating options including a partial demerger and listing of the forest business as a new entity fully owned by Stora Enso shareholders. According to the company, the forest unit would become Europe's largest listed pure forest company, while Stora Enso would continue to lead in renewable packaging. An update on the strategic review is expected by the end of 2025.