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This transaction, to US-based Sylvamo, is part of the earlier announced plan to divest four of Stora Enso’s five paper production sites.
January 3, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Stora Enso has completed the divestment of its Nymölla paper production site in Sweden and all related assets to Sylvamo, a US-based global producer of uncoated paper. The divestment, announced on Sept.15, 2022, has been closed after regulatory approvals. The enterprise value of the transaction is approximately €150 million. The Nymölla site’s capacity is 485,000 metric tons of woodfree uncoated office papers, with Multicopy as the leading paper brand. Based on the 2021 figures, the divest...
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