Stora Enso has completed the sale of its KVH plant in Pfarrkirchen, Germany to the financial investor LEO II. – VV1 GmbH,, represented by the private equity company Dubag Group, previously announced on January 8, 2020. As the company further announces, the production of construction solid wood (KVH) will be bundled in the Czech plant Ždírec in the future. The sale of the Pfarrkirchen plant has no material impact on Stora Enso's operating EBIT or net debt. The transaction will reduce Stora Enso's annual sales by approximately € 40 million and ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!