IKEA Partner Buys More Timberland
Ingka Group, a major franchise partner in the IKEA system, operating 380 IKEA stores in 31 countries, has acquired nearly 11,000 acres located in southeast Georgia near the Altamaha River Basin from The Conservation Fund.
Ingka Group, based in the Netherlands, now owns 136,000 acres in five states—Georgia, South Carolina, Alabama, Texas and Oklahoma, and owns a total of 613,000 acres worldwide, including the U.S. and Europe.
Ingka Group’s forest management is audited by the Forest Stewardship Council. Between September 2019 and August 2020 Ingka Group planted 600,000 seedlings in the U.S. and close to 7 million seedlings worldwide.
Latest News
IKEA Group Acquires 25,000 Acre Forest In Alabama
IKEA Group acquired its first U.S. forest property, covering approximately 25,000 acres in Lowndes County, Alabama. The investment in forestry is part of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes directly, such as...
Have A Question?
Send Us A Message