M&A Deal Summary

Stora Enso Oyj Acquires Junnikkala

On October 28, 2024, Stora Enso Oyj acquired forest products company Junnikkala for 137M EUR

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

M&A Deal Summary

Date 2024-10-28
Target Junnikkala
Sector Forest Products
Buyer(s) Stora Enso Oyj
Deal Type Add-on Acquisition
Deal Value 137M EUR

Target

Junnikkala

Kalajoki, Finland
Junnikkala is a sawmill company that procures, processes, and manufactures wood products. Junnikkala was founded in 1960 and is based in Kalajoki, Finland.

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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 3 of 3
Sector (Forest Products) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Finland) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS 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