Stora Enso plans to close a corrugated packaging plant in Finland as it centralises the country's production at other sites.
Valmet has been selected by Metsä Group to supply a 3D Fiber molded fiber production line for its Äänekoski mill in Finland. Start-up is scheduled for 2028.
Valmet will supply a 3D Fiber moulded fibre production line for Metsä Group's mill in Äänekoski, Finland, with nominal output above 100 million items a year and start-up planned for 2028.
Valmet announced an order from Metsä Group for a 3D Fiber molded fiber packaging line to be installed beside the Muoto demo plant in Äänekoski, Finland, with start-up planned for 2028. Contract value was not disclosed.
Metso signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies, with aftermarket parts and service capabilities, from Valmet. The transaction value is undisclosed and closing is expected on October 1, 2026.
Jouka Oy agreed to sell its metal stamping subcontracting business to Männistö Oy Metallituote, effective 1 August 2026, to focus on its own valve business. Männistö will serve the transferred customers.
Marioff is investing in its main Kerava, Finland factory, which produces all key HI-FOG system components. Investments total about $3.8 million in 2025 and $3.7 million in 2026, and production volume has risen around 30%.
Stora Enso inaugurated Europe's largest consumer packaging board production line at its Oulu mill in Finland on 18 August 2025. The line is part of about EUR 1.7 billion invested in the Oulu mill in 2019-2025.
Duni Group of Sweden is acquiring 80% of LinePack Oy, a Finnish company that designs, equips, installs and services automated packaging solutions for the food industry. LinePack has annual revenue of about EUR 2 million and six employees; the deal was announced on June 3, 2025.
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.
Pump Service River Oy acquired the entire share capital of Suomen Jätevesipalvelut Oy effective 1 April 2025, expanding its national pump and wastewater service network in Finland.
Stora Enso's new consumer packaging board line at its Oulu site in Finland has begun production ramp-up, converting an idle paper machine into a folding box board and coated unbleached kraft line. The line has an annual capacity of 750,000 tonnes and an investment of EUR 1 billion, with first deliveries expected by Q2 2025.
Stora Enso launched a new consumer packaging board line at its Oulu mill in March 2025, adding 750,000 tonnes of annual capacity at a previously shuttered paper mill.
Beijer Tech, a subsidiary of Beijer Alma, signed an agreement to acquire the assets of Uudenmaan Painehuolto Oy (UPH), a Finnish compressed air equipment distributor and maintenance company with about EUR 3.3 million annual revenue. Closing is expected in March 2025.
Ringmetall SE agreed with the owner family to acquire all shares of Hutek Oy of Nastola, Finland, a producer of bag-in-box packaging, effective 8 January 2025. Hutek generated revenue of about EUR 4 million last year.
Nomo Group, a Power Transmission Solutions company within Axel Johnson International, is acquiring a majority stake in Finnish seals specialist Top-Osa of Tampere. The deal expands Nomo's sealing offering across the Nordics.
Finnish conglomerate Wihuri signed a ten-year PPA with Statkraft to buy 438 GWh of Finnish renewable electricity from January 2027, covering its operations including Wipak's Nastola packaging plant.
Premekon has agreed to manufacture and install pipe bridges, pump room steel structures and maintenance bridges for Helen's new heat pump plant in Eiranranta, Helsinki. The plant will provide 300 GWh of annual district heating capacity.
Stora Enso has appointed Niclas Rosenlew as group CFO, succeeding Seppo Parvi, and Carolyn Wagner as executive vice-president of Packaging Solutions, succeeding the retiring Ad Smit. Both are due to join by January 2025.
On June 19, 2024 Mondi announced completion of its EUR 125 million investment in the Kuopio containerboard mill in Finland, upgrading the wood yard, fibre line, evaporation plant and paper machine to add 55,000 tonnes per year of ProVantage Powerflute fluting capacity.
On June 19, 2024 Valmet announced it will deliver critical valve solutions to Hycamite's new Customer Sample Facility in Kokkola, Finland, a methane-splitting hydrogen plant expected to start operations in the second half of 2024.
oceansix future paths, through subsidiary Oceansix S.L., bought the business of Finnish reusable packaging firm Original RePack Oy in exchange for shares and a cash payment, with total consideration of about CDN $2.39 million.
Momentum Group signed an agreement to acquire 100 percent of Hydjan Oy, a Helsinki-based specialist in hydraulics and pneumatics for industrial customers in Finland. Hydjan has about EUR 1.2 million in annual sales and six employees.
Valmet will supply an IQ Moisturizer system to Adara Pakkaus Oy's corrugated board mill in Valkeakoski, Finland, with delivery scheduled for Q3 2024. The order value was not disclosed.
Korona Fund IV, managed by Korona Invest Oy, completed its acquisition of a majority stake in Fredman Group Oy on April 18, 2024, after Finnish Competition and Consumer Authority approval without conditions. Fredman focuses on kitchen products and food packaging solutions.
One Equity Partners announced completion of its sale of Walki Group Oy to Oji Holdings Corporation. Walki is a packaging manufacturer.
AVS-Yhtiöt Oy and its owners sold AVS-Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors, to Beijer Oy, a subsidiary of Beijer Alma AB. The deal was advised by Avance Attorneys and reported on March 4, 2024.
Stora Enso's Oulu mill in Finland received an environmental permit for a new board production line, converted from an old paper machine, with production planned to start in 2025. The line is expected to raise the mill's board capacity to up to 750,000 tons a year.
Beijer Tech, a subsidiary of Beijer Alma, signed an agreement on February 29, 2024 to acquire 100% of AVS Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors based in Espoo. Closing is expected in the first quarter of 2024.
Finnish companies Sammet Dampers Oy and Caligo Industria Oy announced a sister-company merger, with Sammet's assets and liabilities transferred to Caligo Industria, effective March 31, 2024.
BUTTING Anlagenbau received a major order from Stora Enso for the O750 Oulu project, converting a paper machine in Oulu, Finland, into a line producing about 750,000 tonnes per year of packaging board. The work includes 128 container positions and over 23 km of pipelines.
Finnish heat pump maker Oilon will supply S series industrial heat pumps using R1234ze to Fortum for two district heating plants recovering waste heat from a new Microsoft data centre complex, in a contract valued at about EUR 15 million.
Fortum chose Oilon as heat pump supplier for two heat pump plants that will recover waste heat from a Microsoft data center complex in the Helsinki capital region for district heating. The delivery is valued at about EUR 15 million, the largest in Oilon's history.
BEMAC Corporation, with Mitsui & Co., signed a share purchase agreement to acquire 100% of The Switch Engineering Oy and its group from Yaskawa Europe Holding. The Vaasa, Finland maker produces permanent magnet machines, DC distribution solutions, high-power AC drives and high-speed induction motors. The price was not disclosed.
The European Commission granted unconditional merger clearance for Georg Fischer's voluntary public cash tender offer for all outstanding Uponor shares at EUR 28.50 per share. US antitrust waiting period had already expired, and completion is pending.
Metsä Board completed a development programme at its Kemi, Finland white kraftliner mill, adding 40,000 tonnes of annual capacity to reach 465,000 tonnes and cutting energy use by 5% and water use by about 40% per tonne. The work was completed in parallel with Metsä Fibre's new bioproduct mill.
BUTTING Anlagenbau received an order for containers and pipeline construction for Stora Enso's O750 Oulu project, which converts a paper machine in Oulu, Finland into a packaging board line producing about 750,000 tonnes per year. Production is expected to start in early 2025.
Valmet will deliver critical valves, valve automation and the Valmet DNA system to Keliber Oy's lithium refinery in Kokkola, Finland, with production ramp-up planned for the second half of 2025. The order was included in Valmet's Q3 2023 orders received.
BUTTING Anlagenbau received a major order from Stora Enso for the O750 Oulu project, converting a paper machine in Oulu, Finland into a packaging board line with 750,000 tonnes annual output, expected to start in early 2025.
Emballator Group agreed to acquire Europak Oy, an Espoo-based maker of blow-moulded plastic canisters with about EUR 8 million turnover; closing is expected on 1 September 2023 and the price was not disclosed.
Anfra Oy signed contracts with Stora Enso for cast-in-place and element construction works for the conversion of a former paper machine at Stora Enso's Oulu mill into a consumer packaging board line, a billion-euro investment creating 300 jobs.
Stora Enso laid the foundation stone on 30 May 2023 for a new high-volume consumer board line in Oulu, Finland, with capacity up to 750,000 tonnes of renewable packaging materials, due in 2025.
Aliaxis, through its Finnish subsidiary Unari Holding Oy, announced on 22 May 2023 a voluntary all-cash public tender offer at EUR 25.75 per share for all Uponor shares. The offer is conditional on acceptance above 50 percent and is expected to complete in early Q4 2023.
Uponor signed an agreement to buy the remaining 44.7% stake in its subsidiary Uponor Infra Oy from KWH Group for about €60 million, raising its ownership from 55.3% to 100%. Closing is expected in the third quarter of 2023 after regulatory approvals.
H.B. Fuller has bought the entire share capital of Lemtapes Oy, combining the two companies to expand their product range and services in Europe.
Stora Enso has awarded Voith a contract to convert a former coated paper machine at its Oulu, Finland site into a board machine producing folding boxboard and coated kraft back with 750,000 tons per year capacity. Start-up is scheduled for early 2025.
Stora Enso has commissioned Voith to convert a former paper machine at its Oulu site in Finland into a board machine producing 750,000 tons per year of folding boxboard and coated kraft back. Start-up is scheduled for early 2025.
Valmet will deliver BCTMP, evaporation and NCG technology plus a mill-wide automation package for Stora Enso's Oulu mill in Finland, part of a roughly EUR 1 billion board line conversion. The order value was not disclosed and the upgraded mill is scheduled for early 2025.
Stora Enso is investing EUR 38 million at its Enocell mill in Finland to flexibly produce unbleached kraft pulp and Nordic bleached softwood kraft pulp. Completion is expected in Q4 2024.
Valmet will supply a flue gas condensing process for Vantaa Energy's new high-temperature hazardous waste incineration plant in Vantaa, Finland, with completion scheduled for 2025. The order value was not disclosed but is typically over EUR 15 million.