Stora Enso divests 12.4% of its Swedish forest holdings for an enterprise value of EUR 900 million (Inside information)
Stora Enso (SEOAY) has agreed to sell 12.4% of its Swedish forest holdings, approximately 175,000 hectares, for an enterprise value of EUR 900 million. The newly formed company will be owned by Soya Group (40.6%), a MEAG-led consortium (44.4%), and Stora Enso (15%). The transaction includes a 15-year wood supply agreement with a possible 15-year extension, ensuring continued wood availability for Stora Enso's Swedish operations.
The divestment is expected to reduce Stora Enso's net debt by EUR 790 million, though it will decrease the Group's adjusted EBITDA by approximately EUR 25 million annually. The deal, announced in October 2024, is expected to close in Q3 2025, subject to regulatory approvals.
Stora Enso (SEOAY) ha concordato la vendita del 12,4% dei suoi terreni forestali svedesi, pari a circa 175.000 ettari, per un valore d'impresa di 900 milioni di euro. La nuova società sarà posseduta da Soya Group (40,6%), un consorzio guidato da MEAG (44,4%) e Stora Enso (15%). L'accordo include un contratto di fornitura di legname di 15 anni, con possibilità di estensione per ulteriori 15 anni, garantendo la disponibilità continua di legname per le operazioni svedesi di Stora Enso.
La cessione dovrebbe ridurre il debito netto di Stora Enso di 790 milioni di euro, anche se comporterà una diminuzione dell'EBITDA rettificato del Gruppo di circa 25 milioni di euro all'anno. L'accordo, annunciato nell'ottobre 2024, è previsto in chiusura nel terzo trimestre 2025, subordinato alle approvazioni regolamentari.
Stora Enso (SEOAY) ha acordado vender el 12,4% de sus propiedades forestales en Suecia, aproximadamente 175.000 hectáreas, por un valor empresarial de 900 millones de euros. La nueva compañía estará en manos de Soya Group (40,6%), un consorcio liderado por MEAG (44,4%) y Stora Enso (15%). La transacción incluye un acuerdo de suministro de madera por 15 años con posible extensión de 15 años, asegurando la disponibilidad continua de madera para las operaciones suecas de Stora Enso.
Se espera que la desinversión reduzca la deuda neta de Stora Enso en 790 millones de euros, aunque disminuirá el EBITDA ajustado del Grupo en aproximadamente 25 millones de euros anuales. El acuerdo, anunciado en octubre de 2024, se espera que se cierre en el tercer trimestre de 2025, sujeto a aprobaciones regulatorias.
Stora Enso (SEOAY)는 스웨덴 산림 자산의 12.4%, 약 175,000헥타르를 9억 유로의 기업 가치로 매각하기로 합의했습니다. 새로 설립되는 회사는 Soya Group(40.6%), MEAG가 주도하는 컨소시엄(44.4%), 그리고 Stora Enso(15%)가 소유하게 됩니다. 이번 거래에는 스웨덴 내 Stora Enso의 운영을 위한 목재 공급을 보장하는 15년 목재 공급 계약과 15년 연장 옵션이 포함되어 있습니다.
이번 매각으로 Stora Enso의 순부채는 7억 9천만 유로 감소할 것으로 예상되나, 그룹의 조정 EBITDA는 연간 약 2,500만 유로 감소할 전망입니다. 2024년 10월에 발표된 이 거래는 규제 승인에 따라 2025년 3분기에 완료될 예정입니다.
Stora Enso (SEOAY) a convenu de vendre 12,4 % de ses forêts suédoises, soit environ 175 000 hectares, pour une valeur d'entreprise de 900 millions d'euros. La nouvelle société sera détenue par Soya Group (40,6 %), un consortium dirigé par MEAG (44,4 %) et Stora Enso (15 %). La transaction comprend un contrat d'approvisionnement en bois de 15 ans avec une possible extension de 15 ans, garantissant la disponibilité continue du bois pour les opérations suédoises de Stora Enso.
La cession devrait réduire la dette nette de Stora Enso de 790 millions d'euros, bien qu'elle entraîne une diminution de l'EBITDA ajusté du Groupe d'environ 25 millions d'euros par an. L'accord, annoncé en octobre 2024, devrait être finalisé au troisième trimestre 2025, sous réserve des approbations réglementaires.
Stora Enso (SEOAY) hat zugestimmt, 12,4 % seiner schwedischen Forstflächen, etwa 175.000 Hektar, für einen Unternehmenswert von 900 Millionen Euro zu verkaufen. Das neu gegründete Unternehmen wird im Besitz von Soya Group (40,6 %), einem von MEAG geführten Konsortium (44,4 %) und Stora Enso (15 %) sein. Die Transaktion umfasst eine 15-jährige Holzliefervereinbarung mit einer möglichen 15-jährigen Verlängerung, die die kontinuierliche Holzverfügbarkeit für die schwedischen Betriebe von Stora Enso sicherstellt.
Der Verkauf soll die Nettoverbindlichkeiten von Stora Enso um 790 Millionen Euro reduzieren, allerdings wird das bereinigte EBITDA des Konzerns um etwa 25 Millionen Euro jährlich sinken. Die im Oktober 2024 angekündigte Transaktion soll im dritten Quartal 2025 abgeschlossen werden, vorbehaltlich behördlicher Genehmigungen.
- None.
- Group's adjusted EBITDA will decrease by EUR 25 million annually
- Reduction in forest asset ownership and associated revenue streams
- EUR 15 million of the EBITDA decrease is cash-related
STORA ENSO OYJ INSIDE INFORMATION 21 May 2025 at 22:45 EEST
Soya Group, will hold a
In connection with the transaction, Stora Enso and the divested entity will enter into a 15-year wood supply agreement with a possible additional 15-year extension. This will secure wood availability for Stora Enso's Swedish business units. The new entity will also benefit from a forest management agreement under which Stora Enso will provide forest-related services. Due to the disposal, the Group's adjusted EBITDA is expected to decrease by approximately
The enterprise value of
"We remain committed to building a stronger Stora Enso. This transaction further strengthens our financial stability. By strategically monetising a portion of our forest assets while retaining full access to wood supply, we are taking a proactive step to reduce our debt. This transaction not only enhances our financial flexibility but also allows us to capitalise on the inherent value of our forest assets. We look forward to building a strong partnership and a successful collaboration with the new owners," says Stora Enso's President and CEO Hans Sohlström.
The transaction is subject to clearance by the relevant competition authorities and is expected to be completed during the third quarter of 2025. Stora Enso announced the divestment plan in October 2024.
For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349
Investor enquiries:
Jutta Mikkola
VP Investor Relations
tel. +358 50 544 6061
The forest is at the heart of Stora Enso, and we believe that everything made from fossil-based materials today can be made from a tree tomorrow. We are the leading provider of renewable products in packaging, biomaterials, and wooden construction, and one of the largest private forest owners in the world. In 2024, Stora Enso had approximately 19,000 employees, and the Group sales were
STORA ENSO OYJ
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SOURCE Stora Enso Oyj
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