Stora Enso Acquires Finnish Sawmill Company Junnikkala Oy
May 2, 2025
Stora Enso has completed the acquisition of Finnish sawmill company Junnikkala Oy for a total enterprise value of up to EUR 137 million, with part of the consideration contingent on production milestones. The Junnikkala sawmills — including a new mill in Oulu — will be integrated with Stora Enso’s packaging board site in Oulu to secure a cost-efficient wood supply, increase sawmilling capacity and generate estimated synergies of approximately EUR 15 million annually.
- Buyers
- Stora Enso Oyj
- Targets
- Junnikkala Oy
- Industry
- Manufacturing
- Location
- Finland
- Transaction Type
- Buyout
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