Stora Enso and Packages Ltd. complete Bulleh Shah Packaging joint venture in Pakistan

Stora Enso and Packages Ltd. completed the joint venture Bulleh Shah Packaging (Private) Limited, in which Stora Enso holds a 35% stake for about USD 39 million cash. The venture supplies packaging and paperboard products in Pakistan.

“Stora Enso's initial shareholding is 35% with a commitment to increase the shareholding at the agreed value to 50% at a later stage subject to certain conditions being met.”manufacturing-journal.net

• 1 source
• manufacturing-journal.netStora Enso and Packages Ltd. complete joint venture agreementApr 9, 2020

Summarized from public sources; check the original articles before acting on it.