M&A Deal Summary

NewPage Acquires Stora Enso North America

On September 1, 2007, NewPage acquired manufacturer Stora Enso North America from Stora Enso

Acquisition Highlights
  • This is NewPage’s 1st transaction in the Manufacturing sector.
  • This is NewPage’s 1st transaction in the United States.
  • This is NewPage’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2007-09-01
Target Stora Enso North America
Sector Manufacturing
Buyer(s) NewPage
Sellers(s) Stora Enso
Deal Type Divestiture

Target

Stora Enso North America

Stamford, Connecticut, United States

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Buyer(S) 1

Buyer

NewPage

Miamisburg, Ohio, United States

Category Company
Founded 2005
Sector Forest Products
DESCRIPTION
NewPage facility in Duluth, Minnesota.
NewPage facility in Duluth, Minnesota.

NewPage manufactures, markets and distributes coated printing papers for magazines, catalogs, textbooks and advertising materials.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-22 NewPage - Carbonless Paper Business

United States

NewPage’s Chillicothe facility has four paper machines with capacity totaling 440,000 tons per year, three specialty coaters, converting operations, integrated Kraft pulp mill, co-generation capability, and a research and development group.

Sell $80M

Seller(S) 1

SELLER

Stora Enso

Helsinki, Finland

Category Company
Founded 1998
Sector Forest Products
Employees19,000
Revenue 9.0B EUR (2024)
DESCRIPTION

Stora Enso provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, and Other segments. Stora Enso was founded in 1998 and is headquartered in Helsinki, Finland.


DEAL STATS #
Overall 2 of 6
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 2 of 6
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-01-01 Tarkett

Paris, France

Tarkett is a manufacturer of resilient and hardwood flooring. Tarkett was founded in 1886 and is based in Paris, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-30 OptiGroup

Molndal, Sweden

OptiGroup is a distribution group offering customised supply solutions to B2B customers. OptiGroup companies specialise in providing customers, primarily within cleaning & facility management, hotel & restaurant, healthcare, manufacturing industries and the graphical sector, with products and services that streamline operations and promote a more successful business. OptiGroup was founded in 1936 and is based in Molndal, Sweden.

Sell -