Stora Enso received approval for the acquisition of De Jong Packaging Group

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Dec 01, 2022, 02:20 ET

HELSINKI, Dec. 1, 2022 /PRNewswire/ -- Stora Enso has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group, announced in September 2022. Closure of the transaction is still ongoing and expected to be finalised at the beginning of 2023.

Previous release about the acquisition
8 September 2022: Stora Enso acquires Dutch company De Jong Packaging Group to accelerate growth in renewable corrugated packaging

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials, wooden construction and paper, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 22,000 employees and our sales in 2021 were EUR 10.2 billion. Stora Enso shares are listed on (NASDAQ Helsinki Oy: STEAV), (NASDAQ Helsinki Oy: STERV) and (NASDAQ Stockholm AB: STE A), (NASDAQ Stockholm AB: STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com/investors

For further information, please contact:

Carl Norell
Press officer
tel. +46 72 241 0349

Investor enquiries:

Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691