Metsä Fibre Oy has sold the entire share capital of Metsä-Botnia Metsät Oy to a fund managed by Dasos Capital Oy. Metsä-Botnia Metsät owns land and water areas of about 34,000 hectares, as the company says in the press release received by Lesprom Network.
The transaction has no personnel impact. The long-term contracts between Metsä Group and Metsä-Botnia Metsät on wood sales and forest management services will remain in effect.
Metsä Fibre is a leading producer of bioproducts and bioenergy. Metsä Fibre is part of Metsä Group.