Stora Enso Agrees to Sell Land and Machinery at Its Recently Closed Näpi, Estonia, Sawmill to Puidukoda

Stora Enso announced on December 21st that it has signed an agreement to sell its recently closed (June 2023) Näpi, Estonia, sawmill—including the associated land and further processing machinery—to Puidukoda, a local planed timber producer.

According to the press release, the transaction with Puidukoda includes all the land and buildings as well as the equipment related to wood processing, excluding the sawmill’s machinery. The sawline and associated equipment will be sold to another buyer, and the rest of the equipment from the site has been shipped to other Stora Enso sawmills.

The primary purchaser Puidukoda is a wood processing company based on French capital, is located in Karksi, Estonia, and was established in 1997. The company specializes in manufacturing planed timber products and will restart operations at the acquired site.