Stora Enso acquires Dutch company De Jong Packaging Group to accelerate growth in renewable corrugated packaging
STORA ENSO OYJ INSIDER INFORMATION 8 September 2022 at 9:00 EESTStora Enso acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux countries. Its product portfolio and geographic presence will complement and enhance Stora Enso’s offering, especially in fresh produce, e-commerce and industrial