BillerudKorsnäs signed in 2017 a letter of intent to acquire Bergvik Skog Öst and today BillerudKorsnäs signed a binding agreement. Bergvik Skog Öst comprises approx. 350,000 hectares of forest land in Sweden. The acquisition is a part of a restructuring of Bergvik Skog’s forest holdings. Bergvik Skog Öst reported a revenue of SEK 396m and EBITDA of SEK 159m in 2017.