Stora Enso has announced its acquisition of De Jong Packaging Group for EUR 1,020 million, aiming to enhance its renewable packaging solutions in North West Europe.

Information on the Target

De Jong Packaging Group is a prominent player in the North West European corrugated packaging sector, distinguished for its innovative solutions and sustainable practices. The company has built a solid reputation for providing high-quality packaging materials that cater to a variety of industries, including food and beverage, consumer goods, and e-commerce. With a robust network of facilities and a commitment to sustainability, De Jong Packaging Group positions itself as an integral part of the supply chain in the rapidly evolving packaging landscape.

Through this strategic acquisition, Stora Enso aims to leverage De Jong Packaging Group's technological expertise and operational capabilities to enhance its product offerings and expand its market share in the region. The company’s focus on renewable packaging solutions aligns well with Stora Enso’s mission to promote sustainable practices across its operations.

Industry Overview in North West Europe

The corrugated packaging industry in North West Europe has experienced significant growth in recent years, driven by increasing consumer demand for sustainable packaging solutions. With heightened awareness of environmental