Skip to main content

21 November 2019

Ingka Group doubles U.S. forestry portfolio

Ingka Group, a strategic partner in the IKEA franchisee system, has recently acquired around 24,000 hectares (approx. 60,000 acres) of forestland in the United States, to boost responsible forest management. 

The two sites are in Southeast Oklamhoma and East Texas, meaning Ingka Group now owns a total of around 50,000 hectares (125,000 acres) in America.

Ingka Group’s forest management is audited by an international certification body in responsible forest management. In all countries where it operates, the management units hold  this international certificate for forest management. 
In 2018, Ingka Group planted 600,000 seedlings afforesting 480 hectares in U.S. and close to seven million seedlings at the level of the entire portfolio. The organisation currently owns around 235,000 hectares of responsibly managed forestland in the United States and Europe (Estonia, Latvia, Lithuania and Romania). 

The investments in forestland are part of a long term strategy to acquire resources that the Ingka Group’s core business is directly or indirectly dependent on.

“We are pleased to continue our forestland acquisitions in the U.S, as we see a good match between what the market has to offer and our high standards related to responsible forest management.” says Krister Mattsson, Managing Director Ingka Investments.

Media enquiries

For further information, please contact us at or by calling +46 70 993 6376


Related articles

IKEA Retail Press Releases Sustainability

Ingka Group supporting business customers to take climate action and build resilience for the future with the SME Climate Hub

IKEA Retail Sustainability

OPINION: Leadership for a new era

IKEA Retail Sustainability

WEF 2023 – The clock is ticking on tackling the climate crisis

IKEA Retail Press Releases Reports and Summaries

The cost-of-living crisis hits home, as the economy and household finances outrank climate change as people’s top concerns globally

IKEA Retail Press Releases Sustainability

Ingka Group secures prestigious ‘A’ score for transparency on climate change

IKEA Retail Press Releases Sustainability

IKEA launches deliveries in Paris via the Seine

Ingka Investments Press Releases

Ingka Investments increases investment stake in GoBolt

Ingka Centres Press Releases

Ingka Centres reinvents the food court recipe with Saluhall – a sustainable dining culture hub inspired by principles of Nordic cuisine

IKEA Retail Ingka Centres Ingka Investments Press Releases Reports and Summaries

FY22: Growth, stable operating income and continued investment

IKEA Retail Sustainability

OPINION: 1.5°C is not a target, it’s a limit and to reach that we need action – now

IKEA Retail Press Releases Sustainability

Open letter to United Nations delegates at COP27, as business remains committed to the shared global goal of 1.5°C

IKEA Retail Press Releases Sustainability

Ingka Group becomes a founding member of Asia Clean Energy Coalition (ACEC)