Stora Enso acquires De Jong Packaging Group, Benelux corrugated packaging maker

Stora Enso has acquired De Jong Packaging Group, the largest independent corrugated manufacturer in the Benelux, at an enterprise value of about EUR 1,020 million. The deal adds capacity and market entry into the Netherlands, Belgium, Germany and the UK.

“The enterprise value of the transaction is approximately EUR 1,020 million of which EUR 250 million is IFRS lease assets and liabilities.”dejongverpakking.com

• 3 sources
• dejongverpakking.comStora Enso announces the acquisition of De Jong Packaging GroupSep 8, 2022
• packaging-journal.deStora Enso acquires De Jong Packaging Group - packaging journalSep 8, 2022
• packagingeurope.comStora Enso acquires De Jong Packaging Group to increase production of corrugated packagingSep 8, 2022

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