Alex Karp buys 37,000 acres of Swedish forest for $22M; why hunters are barred
AI Summary
Palantir CEO Alex Karp acquired 15,000 hectares of forest land in Härjedalen, Sweden, for $22 million through Cladonia Skog AB. The previous owner, SCA, confirmed the sale, after which hunters were notified that their land-use leases would end; Cladonia says it intends to preserve the landscape and habitats.
Alex Karp acquired 15,000 hectares of forest land in Härjedalen, Sweden, through his company Cladonia Skog AB. The purchase was confirmed by Svenska Cellulosa Aktiebolaget, which previously owned the forest land. Hunters in the area received notification about the termination of their leasing agreements after the sale. A representative from Cladonia expressed commitment to preserving the natural landscape and its habitats.