An investment group of Swedish retail giant Ikea has acquired U.S. forestland in southeast Georgia to protect the land and its diverse ecosystems from development. The Ingka Group, which owns and operates most Ikea stores, purchased 10,840 acres of land near the Altamaha River Basin. The land, acquired from non-profit conservation organization The Conservation Fund is home to more than 350 plant and wildlife species, including the endangered longleaf pine and gopher tortoise, which are now protected. Ingka Investments managing director Krister Mattsson said that local timber-based economies will continue to be supported and the public will have access to the land for recreational purposes.

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