# Stora Enso completes acquisition of Finnish sawmill company Junnikkala

Stora Enso has completed its acquisition of Finnish sawmill company Junnikkala Oy for up to EUR 137 million, including performance-based payments. The deal adds about 700,000 cubic metres of sawmilling capacity and supports its Oulu packaging board ramp-up.

- Type: Acquisition
- Announced: 2025-05-05
- Where: Finland, Finland
- Value: $155.0M (137.0M EUR)
- Status: completed
- Capacity: 700,000 cubic metres sawmilling capacity per year
- Products: sawn wood products

## Companies

- [Stora Enso](https://endata.com/companies/332.md) (acquirer)
- [Stora Enso](https://endata.com/companies/332.md) (investor)
- [Matrix Pack](https://endata.com/companies/10765.md) (partner)
- [Junnikkala Oy](https://endata.com/companies/13058.md) (target)

## Sources

- [paperadvance.com](https://www.paperadvance.com/news/international-news/stora-enso-finalizes-acquisition-of-finnish-sawmill-company-junnikkala.html), 2025-05-05: "Stora Enso has completed its acquisition of Finnish sawmill company Junnikkala Oy"
- [woodandpanel.com](https://www.woodandpanel.com/woodnews/article/stora-enso-and-matrix-pack-join-hands-for-packaging-revolution/), 2025-06-13: "Following the agreement, Stora Enso has acquired a minority interest in Matrix Pack and will join the company's board."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.