Friday, August 31, 2012

Stora Enso Buys UPM's 50% of RETS Timber, Now Sole Owner



Stora Enso Building and Living has today acquired UPM Kymmene's 50% shareholding in the sawn timber trading company RETS Timber Oy Ltd. The acquisition makes Stora Enso Building and Living the sole owner of RETS Timber. The transaction is effective immediately.