Type of deal/project: Timberland exit (sale of assets)
Sector: Forest and natural capital
PwC Finland acted as advisors on the financial and tax vendor due diligence to Dasos Capital Oy, a European pioneer in forest-based natural capital investing, in their sale of a forest asset formed by a portfolio of ca. 24,000 hectares located in Finland, Estonia and Latvia. The buyer is Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer.
Congratulations to the Dasos Capital team and all parties involved in the successful transaction.
Object of sale: Timberland
Seller: Dasos Capital Oy
Buyer: Ingka Investments, the investment arm of Ingka Group
Deal announcement date: 21 February 2024
PwC's role: Financial and tax vendor due diligence
Mikael Österlund
Markku Hakkarainen
Antti Posti
Noora Flemming