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Companies in the timber industry / Daily News / Forestry / Sawmilling / Europe / Global / South America
December 21, 2021

Arauco buys 20% of Stora Enso’s stake in the company Arauco Florestal Arapoti

Arauco buys 20% of Stora Enso’s stake in the company Arauco Florestal Arapoti
On December 2, 2021, Arauco Do Brasil signed and closed a transaction with Stora Enso Amsterdam B.V. whereby the latter sold to Arauco all of its shares in Arauco Florestal Arapoti S.A. .    The shares sold by Stora Enso to Arauco corresponded to 20% of the capital stock, and the price paid for them amounted to BRL 294.5 million (USD 51.9 million).    Prior to this transaction, Arauco already owned 80% of the shares of the company Arauco Florestal Arapoti S.A.    Arauco Florestal Arapoti S ...

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