Metsä Group sells its wood supply business in Estonia

Metsä Group's parent company Metsäliitto Osuuskunta is selling its Estonian wood supply business. The buyer is a subsidiary of the Estonian Combiwood Grupp OÜ for Combi Forest OÜ. The selling company is Metsä Forest Eesti AS, a wholly owned subsidiary of Metsäliitto Cooperative. At the same time, the parties to the deal have agreed on long-term deliveries of fiber wood and wood chips to Metsä Group. All employees of Metsä Forest Eesti AS will transfer to the new owner as old employees. With the arrangement, Metsä Group announces that it aims to improve ...