Add-on Acquisition • Forest Products

Stora Enso Acquires Junnikkala

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

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

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M&A Deal Summary

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

Target Company

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 Overview 1

Buyer

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 Context for Buyer #
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