Billerud Agrees to Buy Packaging Paper Production at Two UPM Mills

摘要

Billerud has signed an agreement with UPM to acquire UPM's packaging paper business in Pietarsaari and Tervasaari, Finland for EUR 130 million."We see great potential in the acquired business as it will now be integrated in a business focused on packaging paper," said Per Lindberg, President and CEO of Billerud. "The acquisition will give us a strong platform to continue developing our offering within smarter packaging solutions.