Stora Enso names new CEO, delays division restructuring

French folding cartons and label producer Autajon has taken over two companies in Spain and the UK. Simply Cartons, based in Nottingham, and Tendero in Alicante are now part of the French group, according to the company. With the acquisition of Simply Cartons, Autajon took its first step into the British market, where...

The merger of Smurfit Kappa and Westrock resulting in Smurfit Westrock (SWR) is a “truly defining moment” within the global packaging industry, said Smurfit Kappa’s CEO Tony Smurfit at the press conference held to announce the transaction. The merger gives rise to a player with annual sales of roughly $34bn,...

US packaging company Sonoco has completed the acquisition of the remaining equity interest in RTS Packaging, LLC (RTS) from joint venture partner Westrock and one Westrock paper mill in Chattanooga, Tennessee. Prior to closing the transaction, Sonoco was a 35 per cent owner in the joint venture with Westrock. With this...