Add-on Acquisition • Forest Products

Powerflute Acquires Corenso United Oy

On September 30, 2014, Powerflute acquired forest products company Corenso United Oy

Acquisition Context

This is Powerflute’s 1st transaction in the Forest Products sector.
This is Powerflute’s 1st transaction in Finland.

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M&A Deal Summary
Date	September 30, 2014
Target	Corenso United Oy
Sector	Forest Products
Buyer(s)	Powerflute
Deal Type	Add-on Acquisition

Target Company

Corenso United Oy

Helsinki, Finland

Corenso United Oy Ltd. is a cores and coreboard production company operating as two separate business units within the Seller’s packaging division.

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Buyer Overview 1

Buyer

Powerflute

Kuopio, Finland

Category	Company
Sector	Forest Products
Revenue	357M GBP (2015)

DESCRIPTION

Powerflute operates an integrated pulp and paper mill in Kuopio (Finland) with an annual production capacity of 285,000 tonnes of high-performance semi-chemical fluting.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Forest Products	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Finland	1 of 1
Year: 2014	1 of 1

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Forest Products M&A - Add-on Acquisition M&A Deals - Finland M&A - 2014 M&A