UPM sells about 7,200 hectare of forest land to Latifundium
Date Time:2012-7-16Go Back
UPM has signed a contract with funds advised by Latifundium to sell them about 7,200 hectares of forest land in Finland. The estates are located in Ilomantsi, Pihtipudas and Tervo. The contract covers a long term wood purchase and forest management agreement.

Latifundium is a German based investment fund specialized in investments in forest properties with a global reach and a strong foothold in Europe. The purchase of the forest land from UPM is the fund’s first investment in Finland.