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Stora Enso’s Sylvester deal approved

Stora Enso and AS Sylvester, Estonia’s largest sawmill and wood procurement company, have closed the acquisition de…

Stora Enso and AS Sylvester, Estonia’s largest sawmill and wood procurement company, have closed the acquisition deal. The competition authorities accepted Stora Enso Timber’s 66% ownership of Sylverster’s sawmill operations and Stora Enso Mets’ 100% ownership of Sylvester’s wood procurement operations in the Baltic States.
AS Sylvester will change its name to Stora Enso Timber AS.