25 August 2006 — Helsinki (FIN): Stora Enso has agreed to divest its Wolfsheck Mill to Rohner AG of Switzerland, a subsidiary of German investment company Arques Industries AG. The transaction is an asset deal and the purchase price is €1 ($1.27).
The divestment of the mill will reduce the annual sales of Stora Enso’s publication paper division by approximately €65 million as part of the company’s asset performance review which aims to secure a competitive European base.
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