10242020Sat
Last updateSat, 24 Oct 2020 5pm
>>

Stora Enso Divests Swedish Packaging Manufacturer June Emballage

Stora Enso has divested 100% of the shares of its Swedish subsidiary June Emballage AB to its current management team. June Emballage is a manufacturer specialized in small-batch custom-made transport packaging in corrugated board.

"We believe that June Emballage is in a better position to serve its smaller scale markets for custom-made packaging as a stand-alone supplier. Stora Enso will continue to focus on growing our core business and further develop our leading corrugated packaging offering in Sweden," says David Ekberg, SVP and Head of Corrugated Nordics, Stora Enso's Packaging Solutions division.

The transaction will not have any significant impact on Stora Enso's sales, operational EBIT or net debt.
www.storaenso.com

comments

Related articles

  • Latest Post

  • Most Read

  • Twitter

Who's Online

We have 2977 guests and one member online

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.