Södra’s mission is focused on members’ forests and to process their raw material, thereby creating value for these forest estates. Södra has therefore, as a step in implementing its strategy, decided to initiate a process to divest its forest holding and related activities in the Baltics.
In order to do what’s best for forest estates and Södra’s long-term competitiveness, the holding is routinely evaluated against business needs.
“Our mission is focused on members’ forests, not to actually own forests. We have therefore initiated a divestment of the forest holding in the Baltics and a process is under way to find the right buyer. But we are not in a hurry,” said Peter Karlsson, President of the Södra Skog business area.
The process means that Södra is now looking at potential interested parties with the aim of moving forward with a divestment in 2025.
Södra owns approximately 153 000 hectares land in Estonia and Latvia, where the majority is in Latvia.