Stora Enso has signed an agreement to divest its sawn construction timber (KVH) mill at Pfarrkirchen in Germany, to the fund LEO II. – VV1 GmbH, managed by the private equity firm Dubag Group.  The divestment is part of Stora Enso’s profit protection programme and it is in line with the Group’s strategic transformation to focus on developing integrated mills for wood products production. Pfarrkirchen Mill has a good reputation on the market, is well equipped and holds a team of very competent personnel, but it is a non-integrated further processing mill. The new owner is ...