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Recent Articles

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De Jong Packaging Group, one of the largest corrugated producers in Benelux, is now officially part of Stora Enso; acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth, build market share in renewable packaging in Europe

Stora Enso completes acquisition of Netherlands-based corrugated packaging producer De Jong Packaging Group for approximately €1.02B; acquisition will provide an entry into the corrugated packaging market in the Netherlands, Belgium, Germany and the UK

Stora Enso receives regulatory approval from European Commission to proceed with acquisition of De Jong Packaging Group; closure of transaction is still ongoing and expected to be finalized at beginning of 2023

European Commission reportedly approves takeover of Netherlands-based De Jong Packaging Group by Finland-based Stora Enso for an enterprise value of about €1.02B; deal expected to close at start of 2023

Fisher International: Major moves in pulp/paper industry in Q3 include Klabin’s Puma II Project exceeding expectations after a year of production, Stora Enso acquiring De Jong Packaging, world containerboard capacity growth rate up 8% in Q3 from Q3 2020

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