Stora Enso divests the packaging machine producer Formeca in Finland
STORA ENSO OYJ PRESS RELEASE 2 January 2017 at 14.00 EET Stora Enso has today divested its 100% shareholding in its Finnish subsidiary Formeca Oy, a provider of high-quality machines for automated packaging lines, to Amitec Oy, a specialised engineering and machine construction company based in Finland. Following this transaction, Stora Enso will become a reseller of Formeca machines and retain the ability to support and consult customers on packaging automation solutions. Hence Stora Enso will continue to deliver Formeca packaging machines to its customers in its core markets. “