UPM and Taaleritehdas Have Agreed to Trade 6,000 Acres of Forestry
UPM and Taaleritehdas have agreed today 20.12.2012 around 6000 hectares of forestry trade. 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 The parties have agreed that the transaction will not be published.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.
Now UPM acquired from farmlands are the first private equity fund purchases. Taaleritehtaan Forest will acquire more forest holdings of ownership of the next two years, with suitable areas being launched. The investors in private equity funds are private Finnish investors as well as institutional investors and corporations.
"Funds are invested in the forest is well suited for Finnish investors. This is a practical ownership, which spreads well into our portfolio. Forest revenue is not correlated with the history of the other asset classes, such as equities or interest rates, with the. In addition, the forest also offers inflation protection, because the price of wood has resulted in inflation. "Says Juhani Taaleritehtaan Elomaa.
"Taaleritehtaan Forest is a new and interesting way to increase interest in the Finnish forest, forest ownership and sustainable utilization. It is also the UPM's objective, and that is why we are happy to participate in this project as a facilitator, "says Mr. Sauli Brander, who is responsible for UPM's forestry business.
For more information, please contact:
Sales Manager, Riitta Väisänen, UPM, tel 0400 546 690
CEO Juhani Elomaa, Taaleritehdas, tel 040 778 9020
Forest Expert Jyrki Ketola, Taaleritehdas, phone 0400 606 522
Read more Taaleritehtaan the forest and forest ownership: http://www.taaleritehdas.fi/metsa
UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. The company consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 23 000 people and it has production plants in 17 countries. The annual turnover of more than EUR 10 billion. UPM's shares are listed on the Helsinki Stock Exchange. UPM - The Biofore Company - www.upm.fi
Taaleritehdas a financial house that focuses on personal service, a global private banking and institutional clients asset management. Investment operations are based on cost-effectiveness, transparency and visionary portfolio management. Taaleritehdas comprises the parent company, as well as Taaleritehtaasta three subsidiaries, Taaleritehtaan Asset management, Fund Management, as well as Taaleritehtaan Taaleritehtaan Capital Funds. In addition, Taaleritehtaalla is an associated company, focusing on tax planning Tax Workshop Ltd and osaomistusyhtiö investment activity focused on residential housing Workshop Ltd. Division has 100 employees. Offices are located in Helsinki, Tampere, Turku, Pori and Oulu. Taaleritehdas is entrepreneur-led growth company. Taaleritehtaalla are in care funds of EUR 2.4 billion and customers 2 200 - www.taaleritehdas.fi