Ingka Investments Acquires 153,000 Hectares of Forestland from Södra for EUR 720 Million

"Ingka Investments, the investment branch of Ingka Group, has agreed to purchase around 153,000 hectares of forestland from Södra, Sweden's largest forest owners' association, for EUR 720 million. This acquisition includes Södra's holdings in Latvia and Estonia and is pending approval from the relevant authorities. Ingka Group, which operates in 31 markets and accounts for 87% of global IKEA sales, is owned by a charitable foundation that reinvests profits for long-term growth."

**Law Firms Involved in the Transaction:** Vinge assisted Ingka Investments, the investment arm of Ingka Group, in its acquisition of land from Södra, while the specific role of any other law firms involved is not mentioned in the press release. **Transaction Overview:** Ingka Investments has agreed to acquire approximately 153,000 hectares of land, primarily forestland, from Södra, Sweden’s largest forest owners’ association. The transaction, valued at EUR 720 million (approximately SEK 8 billion), includes Södra’s entire current holdings in Latvia and Estonia. The completion of the transaction is subject to approval by the relevant authorities in both Latvia and Estonia. **Legal Team:** The Vinge team involved in this transaction consisted of: - Sofie Nordgren - Tilda Hall - Jerker Kjellander - Victor Ericsson The press release does not specify the seniority or practice areas of the individual lawyers listed.

Ingka Investments Acquires 153,000 Hectares of Forestland from Södra for EUR 720 Million

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