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  • IKEA owner Ingka Group will acquire €720 million forest land in Europe to boost ‘sustainable raw materials’ for furniture
File photo: A customer shops for furniture at an IKEA store. The brand's largest franchisee, Ingka Investments, is acquiring €720 million of forest land in Latvia and Estonia to secure sustainable raw materials.
Sustainability & Impact
IKEA owner Ingka Group will acquire €720 million forest land in Europe to boost ‘sustainable raw materials’ for furniture
Founder News Team Oct 20, 2025 0

IKEA’s largest franchisee, Ingka Investments, is acquireing forest land worth around ₹7.39 lakh crore (€720 million) in Estonia and Latvia,…

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We aim to empower European founders with the insights, trends, and tools they need to build, grow, and lead world-class companies.

By delivering sharp, actionable news and stories that matter, from fundraising to regulation, and from talent to tech, we help entrepreneurs stay ahead in a fast-changing world.

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