ACA Timber SIA has acquired Metsä Forest Latvia from Metsä Group, strengthening its market presence and resource capabilities in the Baltic region.

Information on the Target

Metsä Forest Latvia, a prominent forestry and logistics company, has been acquired by ACA Timber SIA. This acquisition was facilitated with the assistance of Steinbeis M&A, which provided advisory services to ACA Timber and its shareholders, including claus rodenberg waldkontor GmbH (Germany), Virke Impex AB (Sweden), and Armands Apfelbaums (Latvia). The deal marks a significant expansion for ACA Timber in the Baltic region.

With this acquisition, ACA Timber not only gains control over additional forest areas but also enhances its logistical capabilities by acquiring access to key ports. The integration of Metsä Forest Latvia is anticipated to boost ACA Timber's operational efficiency and contribute to its long-term procurement strategy in forestry.

Industry Overview in Latvia

The forestry industry in Latvia is a critical sector for the country's economy, contributing significantly to export revenue and employment. Latvia has approximately 3.3 million hectares of forest, making it one of the most f