Ingka Investments Acquires 153K Ha. of Timberland Across Latvia and Estonia for €720M

By Lynda Kiernan-Stone Ingka Investments, the parent company of IKEA, has made its largest timberland investment in its history by acquiring 153,000 hectares (387,071 acres) of land in Latvia and Estonia, of which 89 percent is forested, from Södra, Sweden’s largest forest owners’ association for €720 million (US$837.18 million). Of the total land area, 135,324 […]