Stora Enso plans to close a corrugated packaging plant in Finland as it centralises the country's production at other sites.
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.
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'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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Walki Group completed the acquisition of 100% of the shares of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers serving Nordic food brands. Combined 2021 sales were about EUR 40 million; the price was not disclosed.
Walki Group signed a definitive agreement to acquire 100% of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers with about EUR 40 million combined 2021 sales, subject to competition approval. The price was not disclosed.
Stora Enso will invest 23 million euros in its Varkaus packaging board mill in Finland, which will increase the mill's capacity.
Mayr-Melnhof Karton AG completed its acquisition of Finnish cartonboard and saturating kraft paper maker Kotkamills on 2 August 2021, after regulatory approvals. The deal strengthens MM's virgin-fiber cartonboard position and adds cupstock.
Mondi has approved a €125 million capital investment at its Kuopio semi-chemical fluting mill in Finland, adding about 55 thousand tonnes per year of capacity. Start-up is planned for Q4 2023.
MB Funds and the management invest in Pyroll Packaging, a Finnish maker of sustainable packaging with nine manufacturing sites, under a transaction signed on 5 May 2021. Pyroll had net sales of 60m EUR in 2020.
MM Group agreed to acquire Kotkamills Group Oyj from its shareholders for an enterprise value of around EUR 425 million. Kotkamills operates a cartonboard mill in Kotka, Finland, and closing is expected by mid-2021.
Valmet will supply new reel and winding technology and surrounding equipment to modernize board machine KK 1 at Metsä Board's Kyro mill in Finland, with start-up scheduled for the second half of 2021. The order value was not disclosed.
NREP Logicenters awarded Finnish contractor YIT a contract to renovate about 2,700 m² and build a new 15,000 m² building at Huhtamaki's foodservice packaging facility in Hämeenlinna, Finland, with work running to December 2019.
Mondi completed its acquisition of 100% of Powerflute Group Holdings Oy, a division of Nordic Packaging and Container Holdings, for EUR 365 million on an enterprise value basis. The Kuopio mill produces 285,000 tonnes of semi-chemical fluting annually.
One Equity Partners Europe signed an agreement to acquire Walki Group, a Finland-based technical laminate and protective packaging material producer, from Finnish private equity firm CapMan Buyout.
Mondi Group signed an agreement to acquire 100% of Powerflute Group Holdings from NPAC Holdings for €365 million on an enterprise value basis. The Kuopio, Finland mill makes 285,000 tons a year of semi-chemical fluting and completion is expected in the first half of 2018.
CHEP and IFCO, Brambles companies, renewed their supply agreements with Finnish retailer S Group, providing reusable pallets and foldable plastic food crates. IFCO will supply up to 20 million reusable food crates over five years.
Stora Enso is investing EUR 28 million at its Heinola Fluting Mill in Finland to improve quality and add 15,000 tonnes of AvantFlute SC capacity. Completion is scheduled for the second quarter of 2018.
Engineering firm Amitec acquired a 100% stake in Formeca, a Finnish packaging machinery producer, from Stora Enso.
As part of its Finnish corrugated consolidation, Stora Enso will invest around €19 million in new machinery and infrastructure at its Lahti site. The plan is scheduled to be finalised by the first quarter of 2018.
Stora Enso plans to shut its corrugated packaging plant in Heinola, Finland, and transfer production to its Lahti plant. A total of 47 employees will be affected.