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Pöyry Acquires 60% of Brazilian Forest-based Consulting Firm

Vantaa, Finland, 22 November 2010 -- Pöyry has acquired 60% of the shares of Silviconsult Engenharia Ltda, a Brazilian forest-oriented consulting. The company's annual net sales are about EUR 1.7 million. The value of the acquisition is not disclosed.

Established in 1989, Silviconsult provides solutions for forest businesses and socioenvironmental management, and is a valuable addition to Pöyry's service offering. Silviconsult employs about 23 experts and has its headquarters in Curitiba, Paraná, Brazil.

Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at its core, the company delivers best-in-class management consulting, total solutions, and design and supervision. Pöyry's in-depth expertise extends to the fields of energy, industry, urban and mobility and water and environment. Pöyry has 7000 experts operating in about 50 countries, locally and globally. Pöyry's net sales in 2009 were EUR 674 million and the company's shares are quoted on NASDAQ OMX Helsinki.

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