M-real Corporation, part of Metsäliitto Group, has on 1 September closed the transaction to divest the entire share capital in M-real Hallein GmbH to the Schweighofer Group.
The signing of the transaction was announced on 30 June 2011.
The divestment is expected to reduce M-real’s annual sales by approximately EUR 75 million and improve the operating result by approximately EUR 5 million based on Hallein mill’s actual performance in 2010.