Stora Enso has completed the acquisition of the Netherland-based company De Jong Packaging Group, one of the largest corrugated packaging producers in the Benelux countries. The acquisition announced in September 2022 with an enterprise value of approximately EUR 1,020 million was closed today following regulatory clearances and employee consultation. The acquisition will significantly strengthen Stora Enso’s presence in European packaging markets and provide an entry into the … [Read more...] about Packaging Producers: Stora Enso completes the acquisition of De Jong Packaging Group
acquisitions
Nestlé bolsters business with acquisition of Seattle’s Best Coffee
Acquisition of Seattle's Best Coffee further strengthens Global Coffee Alliance with Starbucks Starbucks and Nestlé announced today that Nestlé plans to acquire Seattle's Best Coffee brand from Starbucks. This transaction is part of Nestlé's focus on driving sustained profitable growth in the coffee category. It strengthens the Global Coffee Alliance by allowing both companies to focus on their core strengths. Seattle's Best Coffee's approachable line of whole bean, roast, and ground … [Read more...] about Nestlé bolsters business with acquisition of Seattle’s Best Coffee