Stora Enso sells Grycksbo Mill.
STORA ENSO
Stora Enso Oyj (NYSE: SEO, ) is a Finnish–Swedish pulp and paper manufacturer, formed by the merger of Swedish mining and forestry products company Stora and Finnish forestry products company Enso-Gutzeit Oy in 1998.
SELLS GRYCKSBO MILL. Stora Enso, Helsinki, Finland has finalized See finalization. the divestment divestment to strip one's investment from an entity. of its Grycksbo Mill in Sweden to Accent. Grycksbo Fine Paper Mill was divested as part of Stora Enso's Asset Performance Review (APR APR
See: Annual Percentage Rate ), which aims to secure a competitive European production base. The divestment of Grycksbo Mill is also consistent with the Group's strategy of concentrating its coated fine paper business on multi-coated graphical grades. Grycksbo Mill specializes in matt-coated fine papers, which it will continue to produce under its new ownership.
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