Altri has agreed to acquire Greenalia Forest, one of the leading companies in the Galician forestry sector, and Greenalia Logistics from Smarttia, taking a strategic step in consolidating its presence in Galicia.
This operation represents an important milestone for the implementation of the company’s projects in that autonomous region and reflects Altri’s commitment to sustainable development and the enhancement of Galicia’s natural resources.
The completion of this acquisition is subject to the fulfilment of a set of preconditions, which is a standard procedure for transactions of this nature. The company expects this process to be concluded by the end of the first quarter of 2025.
With this acquisition, Altri strengthens its presence in Galicia and reaffirms its commitment to the local community and its partners. The company will continue to collaborate with local suppliers who adopt the best forest management practices, promoting job creation and boosting the current forest productivity in Galicia, as well as the economic and social development of the autonomous community.
This operation aligns with Altri’s core values, particularly sustainability, balance, and respect for the conservation and preservation of natural resources. It further reflects the company’s purpose of advancing the construction of a more renewable world, generating value for local communities and strengthening the regional economy.
