M&A Deal Summary

Stora Enso Oyj Acquires De Jong Packaging

On September 8, 2022, Stora Enso Oyj acquired packaging company De Jong Packaging for 1.0B EUR

Acquisition Highlights
  • This is Stora Enso Oyj’s 2nd transaction in the Packaging sector.
  • This is Stora Enso Oyj’s largest (disclosed) transaction.
  • This is Stora Enso Oyj’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2022-09-08
Target De Jong Packaging
Sector Packaging
Buyer(s) Stora Enso Oyj
Deal Type Add-on Acquisition
Deal Value 1.0B EUR

Target

De Jong Packaging

De Lier, Netherlands
De Jong Packaging is a corrugated packaging producer that specializes in corrugated trays and boxes mainly for fresh produce, e-commerce, and industry. The company is also active in containerboard production through the acquisition of the De Hoop paper mill in the Netherlands in 2021. It has 17 sites in the Netherlands, Belgium, Germany, and the UK. De Jong Packaging was formed in 1996 and is based in De Lier, Netherlands.

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Buyer(S) 1

Buyer

Stora Enso Oyj

Helsinki, Finland
Category Company
Founded 1998
Sector Forest Products
DESCRIPTION

Stora Enso Oyj is a Finnish pulp and paper manufacturer, formed by the merger of Swedish mining and forestry products company Stora and Finnish forestry products company Enso-Gutzeit Oy in 1998.

DEAL STATS #
Overall 2 of 3
Sector (Packaging) 2 of 2
Type (Add-on Acquisition) 2 of 3
Country (Netherlands) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Puumerkki

Kerava, Finland

Puumerkki is a wholesaler of wooden building materials, based in Kerava, Finland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-27 Stora Enso s Hylte Paper Site

Hylte, Sweden

Stora Enso's Hylte Paper Site is a paper production site that provides a wide product portfolio for print and office use. Stora Enso's Hylte Paper Site is based in Hylte, Sweden.

Sell €18M
Mergr

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