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
fresh produce
Mori secures Series B1 funding for shelf-life extension solutions
Food tech company Mori has successfully raised $50 million Series B1 funding to further develop and expand its shelf-life extending product line. This round was led by Prelude Ventures and included previous investors The Drawdown Fund, Acre Venture Partners, The Engine, Refactor Capital, Blindspot, Closed Loop Partners, Knollwood Investment Advisory as well as new investors Collaborative Fund and Thia Ventures. This additional capital will help the supplier meet its goal of reducing waste and … [Read more...] about Mori secures Series B1 funding for shelf-life extension solutions
