Metsä Group Press Release 29 April 2015
On 28 April 2015, Finsilva Oyj’s largest shareholders – Metsä Group’s parent company Metsäliitto Cooperative and the forest fund Taaleritehtaan metsärahasto II Ky – signed an agreement whereby Metsäliitto Cooperative will sell 30.13 per cent and Taaleritehtaan metsärahasto II Ky 19.77 per cent of the shares in Finsilva Oyj to a fund administered by Dasos Capital Oy.
The share transaction will be completed during the second quarter of 2015. The transaction will have a positive effect on the second-quarter results of both Metsä Group and its parent company Metsäliitto Cooperative. After the transaction, both sellers will each own 19.8 per cent of Finsilva Oyj. The Dasos forest fund will own 50.1 per cent of the shares. The long-term agreements between Metsäliitto and Finsilva concerning wood supply and forestry services remain in force.
METSÄ GROUP
Group Communications
Additional information:
Juha Mäntylä, Executive Vice President, Metsä Forest, tel. +358 10 4654 244
www.metsagroup.com
Metsä Group is a responsible forest industry group whose products’ main raw material is renewable and sustainably grown northern wood. Metsä Group focuses on tissue and cooking papers, fresh forest fibre paperboards, pulp, wood products, and wood supply and forest services. Its high-quality products combine renewable raw materials, customer-orientation, sustainable development and innovation. Metsä Group’s sales totalled EUR 5 billion in 2014, and it employs approximately 10,500 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 122,000 Finnish forest owners.