Tag Archives: Anjala

Stora Enso to sell Maxau paper manufacturing facility

Agreement signed Stora Enso has signed a deal to divest its Maxau paper production facility in Germany, along with all related assets, to Schwarz Produktion, a subsidiary of retailer Schwarz Group.   The asset’s value is about €210 million, Stora Enso said in a statement. The deal’s closing is expected take place in the beginning of […]

Stora Enso to Divest Its Maxau Paper Mill to Schwarz Produktion for EUR 210 Million

Stora Enso has signed an agreement to divest its Maxau paper production site in Germany, and all related assets to Schwarz Produktion, part of Schwarz Group, one of the top retailers in the world. The enterprise value is approximately EUR 210 million. Closing is expected in the beginning of 2023, at the latest, subject to […]

Stora Enso closes Kvarnsveden pulp and paper mill by the end of Q3 2021

Stora Enso has completed the co-determination negotiations concerning the closing down the pulp and paper production at its Kvarnsveden site in Sweden. The closure will take place by the end of the third quarter of 2021.   In April 2021, Stora Enso announced a plan to permanently close down pulp and paper production at its […]