Every Spin-Off
WISA Group
Date setEUUPM's plywood business: plywood and veneer for construction, vehicle flooring, LNG shipbuilding and parquet from seven mills at five sites in Finland and Estonia; 2025 sales €409m, comparable EBITDA €55m.
- Status
- Date set
- Expected
- 2 Nov 2026
- Parent
- UPM-Kymmene (UPM FH)
- Spin-off ticker
- To be announced
- Listing
- Nasdaq Helsinki
- Market
- Europe
Terms
Partial demerger (osittaisjakautuminen): 1 WISA Group share for each UPM share, automatic. Tax-neutral under a binding Finnish tax ruling. Planned effective date 31 Oct 2026; trading on Nasdaq Helsinki expected from 2 Nov 2026.
Key dates
- Capital markets day
- Demerger effective (planned)
- First trading day (expected)
Source documents
- Press releaseUPM board approves demerger plan for plywood business (WISA Group)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- SourceFIN-FSA approves supplement to WISA demerger and listing prospectus (17 Sep 2026)
- SourceFIN-FSA approves WISA demerger and listing prospectus (16 Jul 2026)
- Sourceinderes.fi
Every Spin-Off research
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