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 […]
Tag Archives: Seppo Parvi
01
Feb
Feb
Stora Enso has signed an agreement to divest its paper mill in Hylte, Sweden, and all its related assets to Sweden Timber, a Sweden-based sawmill and planning mill company. The enterprise value is approximately EUR 18 million. The Hylte Mill in southwest Sweden is one of the largest newsprint mills in the world, and has […]
20
Sep
Sep
New deal Finland’s Stora Enso has signed a contract to sell its Nymölla paper production site in Sweden and all related assets to Sylvamo, a US-based uncoated paper maker. “The enterprise value is EUR 150 million. Closing is expected in the beginning of 2023, subject to regulatory approvals,” Stora Enso said in a statement. The Nymölla plant […]
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 […]
24
Jun
Jun
Stora Enso is leasing the former paper machinery hall at its Veitsiluoto site in Finland to the textile technology company Infinited Fiber Company, which plans to build a commercial-scale factory to produce regenerated textile fiber from textile waste. Earlier this month Stora Enso sold its district heating business at Veitsiluoto to utility infrastructure company Nevel, […]