Tag Archives: European corrugated packaging market

Cardway Cartons Installs BOBST Folder-Gluer at Alsager Facility in the UK

Staffordshire-based designer and manufacturer of corrugated packaging, Cardway Cartons Ltd, has boosted production capacity and expanded its offering with the installation of the BOBST EXPERTFOLD 165 at its 55,000 sq ft Alsager facility. Installed earlier this year, the EXPERTFOLD 165 offers exceptional reliability and folding precision and is ideally suited to the demands of modern […]

Ence signs sales agreements for about 1 million tons of pulp for 2023

Ence has already closed sales agreements for approximately 1 million tons of pulp for the year 2023, which means covering the maximum production of the company’s biofactories for this year. Mainly, the sales agreements reached are destined for the European market, in which Ence has significant competitive logistical and customer service advantages. Through these operations, […]

Mayr-Melnhof Group sells two packaging sites in Russia

The Mayr-Melnhof Group (MM) has sold its two Packaging sites in Russia, St. Petersburg and Pskov, to the local investor Granelle following approval by the governmental authorities. The selling price amounts to approx. EUR 134 million. In 2021, the plants generated combined sales of approx. EUR 124 million. The transaction is expected to have a […]

Stora Enso Received Approval for the Acquisition of De Jong Packaging Group

Stora Enso announced today that it has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group. Closure of the transaction is still ongoing and expected to be finalised at the beginning of 2023. Stora Enso first announced its intention to acquire De Jong Packaging in September (see […]

DS Smith appoints new Managing Directors for recycling and paper in Europe

Michael Orye joins the company as Managing Director for European Recycling and Rogier Gerritsen transitions into new role as Managing Director of Paper in Europe Orye has extensive experience from the packaging industry and a track record in promoting a circular way of working, joining DS Smith from the food packaging business Faerch AS, where […]

Stora Enso Acquires Dutch Company De Jong Packaging Group for EUR 1.02 Billion

Stora Enso acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux […]