Joint press release from Stora Enso Oyj and AssiDomän AB
The European Commission Merger Task Force has today given approval to the formation of the new company Billerud, which will be 50/50 owned by Stora Enso and AssiDomän.
The new company will be formed from the paper mills Gruvön (Stora Enso) and Karlsborg and Skärblacka (AssiDomän). The deal should be completed in February 2001, with formal merger and formation on 1 January 2001.
Helsinki and Stockholm
22 December 2000
For further information, please contact:
Bo Eriksson, Senior Vice President Stora Enso, Tel.: +46 70 578 2244
Katarina Sivander, Mangager Press Relations AssiDomän,
Tel.: +46 70 667 6440