Stora Enso invests in PulPac
Stora Enso participated in an equity raise of 31 million euros in PulPac AB, together with other strategic partners and existing owners.
PulPac was founded in 2018 and has developed a way to manufacture materials and products similar to plastics, including packaging, using paper as raw material instead of plastic, so-called dry molded fiber, in a process which requires significantly less water than previous methods.
Stora Enso was represented by Mannheimer Swartling in the transaction.
