# Stora Enso acquires Swedish sustainable wood-materials developer Cellutech

Stora Enso has acquired Cellutech, a Sweden-based developer of sustainable wood-based materials for packaging. The deal strengthens Stora Enso's fibre and cellulose capabilities.

- Type: Acquisition
- Announced: 2018-11-02
- Where: Sweden
- Status: completed
- Products: wood-based packaging materials, cellulose materials
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Stora Enso](https://endata.com/companies/332.md) (acquirer)
- [Cellutech](https://endata.com/companies/4122.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-kapstone-smurfit-kappa-stora-enso/), 2018-11-02: "Cellutech, a developer of sustainable wood-based materials for packaging applications based in Sweden, has been acquired by Stora Enso."

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