Metsä Group closes the divestment of Metsä Wood Eesti AS
On 10 June 2014, Metsäliitto Cooperative, the parent company of Metsä Group, announced the divestment of the entire share capital of its subsidiary Metsä Wood Eesti AS to Combimill Invest OÜ. The divestment was finalised on 30 June 2014 following the approval of the Estonian competition authority.
ByLesprom Network
Jul 01, 2014. /Lesprom Network/. On 10 June 2014, Metsäliitto
Cooperative, the parent company of Metsä Group, announced the divestment of the
entire share capital of its subsidiary Metsä Wood Eesti AS to Combimill Invest
OÜ. The divestment was finalised on 30 June
2014 following the approval of the Estonian competition authority. The
transaction will not have a significant impact on Metsä Wood’s financial
results, as the company said in the press release received by Lesprom Network.
Metsä Wood is part of Metsä Group. Metsä Wood provides competitive and
environmentally friendly wood products for construction, industry and
distributor partners.
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