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Mergers

Latvia's state forestry firm buys 5,800 hectares in Latgale

· Forestry / land ownership

Location
Latgale (Ludza district) · 🇱🇻 Latvia
Sector
Forestry
Organisations
Latvijas valsts meži ↔ Zwei lettische Forstgesellschaften schwedischer Eigentümer (rund 5.800 ha in Latgale)
Transaction
Acquisition
Volume
€26.4m
Status
completed

Latvia's state forest company Latvijas valsts meži bought about 5,800 hectares of land (4,800 hectares forested) in Ludza district from Swedish owners — the largest land purchase in its history. The deal was structured as the acquisition of two Latvia-registered companies; the government approved it on 30 June 2026.

Source: kinnisvarauudised.ee ↗ · Archived copy ↗

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