FAM supports Stora Enso's strategic review of its Swedish forest assets

Today, Stora Enso announced the initiation of a strategic review that includes assessing a potential separation of the Swedish forest assets into a new company that would be publicly listed and wholly owned by all Stora Enso shareholders.

“FAM supports the strategic review announced today, aiming to increase focus and unlock values. A potential separation and public listing of the Swedish forest assets would create two leading companies, one of the world’s leading global renewable packaging companies and Europe’s largest listed pure forest company. If the Swedish forest assets would be publicly listed, both Stora Enso and the forest company would be strategic holdings for FAM.” commented FAM's CEO, Håkan Buskhe.

FAM is one of the largest owners of Stora Enso, holding 10.2 percent of the capital and 27.4 percent of the votes.

For inquiries, please contact:

Ebba Eckerdal, Communication Associate, FAM

Email: press@fam.se

Phone: +46 70 042 91 49

About FAM AB:

FAM is a private holding company that manages its assets through active ownership with a long-term investment horizon. FAM is owned by the three largest Wallenberg Foundations – through Wallenberg Investments AB. FAM’s major holdings include SKF, Stora Enso, Munters, IPCO, Kopparfors Skogar, The Grand Group, Höganäs, Nefab, and Kivra. Through value growth and dividends from its holdings, FAM contributes to the Wallenberg Foundations' value growth and their ability to provide grants for research and education.

For more information, visit: www.FAM.se

https://news.cision.com/fam-ab/r/fam-supports-stora-enso-s-strategic-review-of-its-swedish-forest-assets%2Cc4166332