-+ 0.00%
-+ 0.00%
-+ 0.00%
Holmen to Split Forest Business Division into Wood Supply, Forestry
Share
Listen to the news
02:09 AM EDT, 10/22/2026 (MT Newswires) -- Holmen (HOLM-B.ST, HOLM-A.ST) is splitting its forest business into two units, wood supply and forestry, the Sweden-listed forest products company said Thursday. The move will improve governance by defining priorities. As a stand-alone unit, the wood supply segment will handle delivery to the industrial operations. The forestry operations will focus on developing the value of its own forests. The split, which does not involve any planned redundancies, is expected to be completed during the third quarter of 2027.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending