Solidium supports Stora Enso's partial demerger

Solidium, Stora Enso Oyj's long-term and largest shareholder, supports the demerger of Stora Enso’s Swedish forest assets business into a new listed company, Bergslagets Skogar. Stora Enso announced today that its Board of Directors has approved the demerger plan.

Solidium believes that the demerger will sharpen both companies’ strategic focus and enhance their long-term value creation potential and is committed to voting in favour of it at the Extraordinary General Meeting convened to decide on the matter.

"The separation of Stora Enso's packaging and forest asset businesses has a clear industrial logic. The demerger will create two strong companies, each focused on its core business. We believe this will better position both companies to realize their full potential and create long-term value for all shareholders,” says Matts Rosenberg, CEO of Solidium.

The demerger is expected to be completed in the first half of 2027, subject to customary conditions, including approval by Stora Enso’s shareholders at an Extraordinary General Meeting. Major shareholders of Stora Enso, representing the top 5 largest shareholders by votes, together holding approximately 69.9% of the votes, have irrevocably undertaken, subject to certain customary conditions, to attend the EGM and vote in favour of the demerger.

Solidium is the largest owner of Stora Enso, holding 10.7 percent of the capital and 27.3 percent of the votes.

Further information:

Matts Rosenberg, CEO, Solidium
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Solidium is a Finnish state-owned investment company that creates long-term shareholder value through active and responsible ownership. Our investment strategy focuses on minority investments in Finnish listed companies of national importance and investments in Finnish private growth companies. We strive for excellence in everything we do. The total market value of Solidium’s equity holdings is approximately EUR 10.0 billion. www.solidium.fi/en