# BillerudKorsnäs sells 89.9% stake in Bergvik Skog Öst to AMF

BillerudKorsnäs agreed to sell 89.9% of Bergvik Skog Öst AB to pension company AMF at an enterprise value of SEK 12.2 billion (US$1.32 billion), debt-free. A 15-year wood supply agreement keeps BillerudKorsnäs as sole buyer of wood from the lands.

- Type: Acquisition
- Announced: 2019-06-28
- Where: Sweden
- Value: $1.32B (12.2B SEK)
- Status: announced
- Products: forest land, wood supply

## Companies

- [BillerudKorsnäs](https://endata.com/companies/539.md) (partner)
- [Bergvik Skog Öst](https://endata.com/companies/5211.md) (target)
- [AMF](https://endata.com/companies/5212.md) (acquirer)

## Sources

- [packaginginsights.com](https://www.packaginginsights.com/news/weekly-roundup-amcor-agrees-us394m-sale-of-flexible-packaging-plants-on-requirement-of-european-commission.html), 2019-06-28: "BillerudKorsnäs sells 89.9 percent of Bergvik Skog Öst AB for a price corresponding to an enterprise value of SEK12.2 billion (US$1.32 billion) on a debt-free basis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.