Stora Enso intends to spin off its forest assets in Sweden and establish a new forest company. According to the company, the move is part of its efforts to reduce the group's complexity and unlock the full potential of its businesses.
Following the completion of a strategic review, Stora Enso’s Board of Directors has decided to begin preparations for separating its Swedish forest assets into a new publicly listed company. The transaction is planned to take place through a statutory partial cross-border demerger, with completion targeted for the first half of 2027.
The new entity is set to become "the largest listed pure play forest company in Europe", comprising more than 1.2 million hectares of forest land in Sweden with a fair value of approximately €5.7bn as of 30 September 2025. Headquartered in Falun, Sweden, the spin-off company would be listed on Nasdaq Stockholm and Nasdaq Helsinki, and all shares would be distributed to current Stora Enso shareholders.
According to Stora Enso, the separation is considered the best way to sharpen strategic focus and enhance market opportunities of both the Swedish forest assets and the company’s core packaging operations. It is also expected to reduce overall group complexity, optimise capital allocation, and enhance shareholder value.
Stora Enso will continue to focus on renewable materials and packaging, maintaining strong market positions supported by flexible, integrated and cost-competitive production, the company stresses.
The planned spin-off remains subject to approval by a general meeting of Stora Enso, which the Board of Directors will convene at a later date. Stora Enso stated that its major shareholders, Solidium Oy and FAM AB - together holding approximately 21 per cent of shares and around 55 per cent of voting rights in total - support the contemplated demerger.
