Koskisen to acquire Iisveden Metsä

Koskisen Corporation has agreed to acquire the business of Iisveden Metsä Oy. Iisveden Metsä is a limited liability company located in Suonenjoki, mainly owned by private individuals, and it produces approximately 140,000 cubic meters of spruce sawn timber per year. Iisveden Metsä was founded by local forest owners in 1924. Koskisen says in a press release that the transaction includes a factory property located in Suonenjoki, along with machinery and equipment, as well as inventory. The debt-free purchase price of the business transaction is EUR 22.5 million. In addition, Koskisen will pay the seller ...