Hallenberg, Torikka, & Voelkel

On 18 June 2025, Stora Enso Oyj announced the initiation of a strategic review of its Swedish forest assets as part of its stronger focus on renewable materials and packaging. After assessing various options, and having completed the divestment of approximately 175,000 hectares of forest land, for an enterprise value of EUR 900 million, the Board of Directors of Stora Enso has completed the strategic review. The Board of Directors has decided to initiate preparations for the separation of the Swedish forest assets business of Stora Enso into a new publicly-listed Swedish company through a statutory partial cross-border demerger of Stora Enso. …According to the assessment of the Board of Directors, the demerger of the Swedish forest assets business into the New Company would be the best alternative to unlock the full potential of both the Swedish forest assets and Stora Enso’s core packaging business as well as to optimise capital allocation and reduce complexity. 

In related Stora Enso news: Changes in Stora Enso’s Group Leadership Team Tuomas Hallenberg has been appointed President and CEO of Stora Enso’s Swedish forest business, to be demerged from Stora Enso in 2027. Pauli Torikka has been appointed Executive Vice President of the new Wood and Energy business area, to be established January 2026. Lars Völkel has been appointed Executive Vice President Containerboard effective January 2026.