Friday, December 21, 2012

UPM & Taaleritehdas Agree To Trade Forestry Acres

UPM and Taaleritehdas Have Agreed to Trade 6,000 Acres of Forestry:  UPM and Taaleritehdas have agreed to trade around 6000 acres of forestry. The farms are located in Central Finland in the following towns: Pyhäntä, Utajärvi, Kiuruvesi and Converter. At the same time the parties entered into a long-term timber sales and forest management agreement. The parties have agreed that the transaction will not be published. Taaleritehtaan new private equity fund Taaleritehtaan Forest is a completely new model of forest ownership, which Taaleritehdas provides investors with an easy and convenient way to purchase a piece of Finnish forest and enjoy the forest assets of regular income. Professional forest management, as well as the buying and selling to improve profits. Taaleritehtaan Forest now purchased premises for the timely management of the Fund forestry expert, together with UPM professionals.The investors in private equity funds are private Finnish investors as well as institutional investors and corporations.