Metsä group exits Latvian wood supply business to refocus strategy
Posted on June 4, 2025 |
Metsä Group has completed the sale of its Latvian wood supply business to ACA Timber.
The deal was approved by the Latvian Competition Authority.
Metsä Forest Latvia SIA, a subsidiary of the Metsä Group, handled the sale.
The divestment will not have a material impact on Metsä Group’s wood supply operations.
All employees will transfer to ACA Timber, and long-term pulpwood and chip deliveries to Metsä Group will continue.