Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the reduction of Stora Enso’s annual newsprint […]
Tag Archives: Hylte
02
Feb
Feb
Stora Enso has signed an agreement to divest its paper production site in Hylte, Sweden and all its related assets to Sweden Timber, a Sweden-based sawmill and planning mill company. The enterprise value is approximately Euro 18 million. The completion of the transaction is expected in the first half of 2023. Concerning the Anjala paper […]
15
Sep
Sep
Agreement signed Stora Enso has signed a deal to divest its Maxau paper production facility in Germany, along with all related assets, to Schwarz Produktion, a subsidiary of retailer Schwarz Group. The asset’s value is about €210 million, Stora Enso said in a statement. The deal’s closing is expected take place in the beginning of […]
14
Sep
Sep
Stora Enso has signed an agreement to divest its Maxau paper production site in Germany, and all related assets to Schwarz Produktion, part of Schwarz Group, one of the top retailers in the world. The enterprise value is approximately EUR 210 million. Closing is expected in the beginning of 2023, at the latest, subject to […]
09
Feb
Feb
Stora Enso is investing EUR 8 million to double its production capacity of formed fiber in Europe. With new machinery in Hylte, Sweden, Stora Enso will meet the increasing demand for formed fiber. The investment further strengthens Stora Enso’s position as a leading provider of renewable materials that replace fossil-based ones. Stora Enso’s formed […]