Stora Enso to divest packaging plant in Hungary
StoraEnso has signed an agreement to divest its offset printed micro-flute packaging plant in Komárom, Hungary.
The initial cash consideration for the divestment of the shares is approximately EUR 12 million.
“There have been major changes in the Komárom plant’s customer base, making the plant no longer strategic to Stora Enso. I believe that a new, solid, international owner can give the company the attention it deserves and develop it further in the new situation,” says Gilles van Nieuwenhuyzen, Head of Packaging Solutions division.