Stora Enso divests the rigid paperboard business Re-board in Sweden
Stora Enso has today signed an agreement to divest the business and assets of its Swedish subsidiary Stora Enso Re-board AB, a producer of rigid paperboard for expositions and displays, to Culas AB, which is partially owned by the current managing director of Stora Enso Re-board AB, John-Åke Svensson. “Stora Enso’s focus within packaging is on developing and delivering fibre-based solutions throughout the value chain. Re-board delivers a niche product and we believe that a new owner can better give this business the attention it deserves and develop it further,” says Peter Torstensson, SVP and Head of Corrugated Nordics, Stora Enso’s Packaging Solutions division. Click Read More below for additional detail.