Metsä Board, part of Metsä Group, announced on 1 December 2020 that it had signed an agreement to sell a 30 percent stake in its Husum pulp mill in Sweden to the Swedish forest owners’ cooperative (ekonomisk förening) Norra Skog.
The transaction was completed on 4 January 2021, and its impacts will be included in Metsä Board’s financial reporting as of the January–March 2021 interim report.
https://www.metsaboard.com/Media/Stock-Exchange-and-Press-Releases/Pages/Release.aspx?EncryptedId=BF18C11159280429&Title=Thesaleofa30percentstakeintheHusumpulpmilltoNorraSkoghasbeencompleted
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The North American forest products industry has a rich and storied history, and nowhere is it more evident than in Domtar’s combined 205 years of business. Our family tree took root in 1820, and it extends unbroken to today under the ownership of Indonesian businessman Jackson Wijaya. Much has changed over the two centuries that have passed since we began operations in Canada by exporting lumber to Great Britain, but what hasn’t changed throughout Domtar’s history is our relentless pursuit of excellence. To better understand where we came from and how we became a leading manufacturer of diversified forest products, read through this overview of Domtar’s history.