Silvestica Green Forest Finland Oy has acquired 8 322 hectares of forest land from UPM in central Finland. It is the fourth acquisition since 2017 that has been carried out with UPM.
Silvestica now owns 25 390 hectares of forest land located in the region around the city of Kajaani.
The parties have already entered into a longterm timber and forestry agreement, which will now also include the new forest holdings.
The new forests will be included in the FSC and PEFC certification agreements, prepared in accordance with UPM’s group certification programme.