Strategier för skogsägande i svenska skogsföretag
This final thesis consists of an investigation of how suitable it is to vertically integrate forest in Swedish forest companies. Different strategies to obtain raw materials have been evaluated and the advantages and disadvantages have been weighted against each other.
The investigations contain a number of interviews with represents from companies with different strategies and persons that in different ways have faced the question of issue. An account study of SCA´s forest ownership has also been performed.
The benefits for a forest company to vertical integrate forest consist mainly of safety in delivery, control over the supply chain and company image. A good strategy to obtain the benefits of de-integration, at the same time as the company retain control and safety in delivery, is to sell the forest to a company that is bound to deliver raw materials by long term agreements. Possible consequences on a vertical integrated forest by the increased focus on fast growing markets far away from Sweden are hard to foresee. Though, much indicates that the demand for Swedish forest raw materials will continue to be strong, and therefore not have a negative influence on forest ownership in Sweden.
A vertical integrated forest affects the financial key figures of the company. Furthermore, the investment can be an inefficient way to allocate the capital when it can yield more in another place.