# Sonoco to acquire Danish paperboard maker Skjern Paper for $88M

Sonoco has announced the acquisition of Skjern Paper, a Denmark-based recycled paperboard manufacturer with annual capacity of 75,000 metric tons, for $88 million, with completion expected in Q4 2022.

- Type: Acquisition
- Announced: 2022-09-29
- Where: Skjern, Denmark
- Value: $88.0M
- Status: announced
- Capacity: 75,000 metric tons per year
- Products: paperboard, coreboard, greyboard, rigid paper containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Sonoco](https://endata.com/companies/268.md) (acquirer)
- [Skjern Paper](https://endata.com/companies/9744.md) (target)

## Sources

- [recyclingtoday.com](https://www.recyclingtoday.com/news/sonoco-expands-european-operations-acquires-skjern-paper/), 2022-09-29: "The companies say the deal is for $88 million and is expected to be complete in the fourth quarter of this year."

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