SCA’s Divestment of its Packaging Operations is Completed
SCA’s two kraftliner mills in Sweden are not included in the transaction as they are well integrated with SCA´s forest products operations.
2 Jul 2012 --- SCA’s previously announced divestment of its packaging business, excluding the two kraftliner mills in Sweden, has been completed.
The buyer is DS Smith and the purchase price amounts to EUR 1.7bn on a debt-free basis. SCA’s two kraftliner mills in Sweden are not included in the transaction as they are well integrated with SCA´s forest products operations.
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The divested operations have approximately 12,000 employees.
This feature is provided by Food Ingredients First’s sister website, Packaging Insights.
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