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Stora Enso is acquiring Dutch corrugated packaging producer De Jong Packaging Group in a deal worth about €1 billion, adding 17 sites in the Netherlands, Belgium, Germany and the UK.
Construction started on a new corrugated board factory of about 85,000 m2 over two floors next to the existing De Jong Verpakking plant in De Lier, Netherlands, with WDP project managing and completion scheduled for end-2022. The first pile was driven on June 16, 2021.
De Jong Verpakking Holding, a Dutch corrugated board manufacturer, took over Bangma Verpakking in Dronten, gaining a presence in Flevoland. The Dutch competition authority approved the deal; the amount was not disclosed.
