Stora Enso will spin off its Swedish forest business into a new listed company, Bergslagets Skogar, to streamline operations and enhance shareholder value, with completion targeted for March 2027.
Stora Enso's Board has officially approved a cross-border partial demerger to spin off its Swedish forest assets into a new independent, publicly listed company named Bergslagets Skogar AB. This strategic move is designed to sharpen Stora Enso's focus on its core packaging and renewable materials business while allowing the new entity to operate as a pure-play forest company. The transaction, expected to complete by March 31, 2027, will reduce Stora Enso's net debt by approximately EUR 800 million and provide shareholders with direct equity in both entities.
Shareholders will receive one share in Bergslagets Skogar for each corresponding share class held in Stora Enso (1:1 ratio) without needing to take any action.
The planned date for the registration of the completion of the demerger is 31 March 2027.
Stora Enso's net debt is expected to decrease by approximately EUR 800 million, and its operating profit will decrease by an amount corresponding to the spun-off business's profit.
Stora Enso has officially approved a demerger plan to spin off its Swedish forest assets into a new independent, publicly listed company named Bergslagets Skogar AB. The move aims to sharpen the group's focus on core packaging and renewable materials while unlocking value from its extensive forest holdings. Shareholders are expected to vote on the proposal at an EGM scheduled for December 15, 2026.
The demerger aims to reduce group complexity, optimize capital allocation, and allow Stora Enso to focus on its core packaging business while enabling the forest assets to operate as an independent, pure-play entity.
The planned registration date for the completion of the demerger is March 31, 2027, following a shareholder vote on December 15, 2026.