Billerud Sees 13% Net Sales Decline In Q2 2023
Billerud has reported a 13% year-on-year decline in net sales to SEK 9.95 billion (€860 billion) in the second quarter of its financial year.
Source: esmmagazine.com
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Billerud Agrees To Sell Managed Packaging To Mimir Group
Pulp and paper manufacturer Billerud has announced it has agreed with the investment company Mimir Group about a divestment of Managed Packaging, which offers p...
Christoph Michalski Solutions Other Customised Packaging Solutions Mimir Group Managed Packaging Billerud Has Agreed With Mimir Group Abouta Divestment Of Managed Packaging
Source: esmmagazine.com
Billerud divests Managed Packaging to Mimir Group
Billerud has agreed with the investment company Mimir Group about a divestment of Managed Packaging, which offers packaging solutions to global brand owners. The transaction is expected to be completed during August 2023. The intention to divest the business unit Managed Packaging is a consequence of Billerud’s focus on packaging materials, which means a reduced strategic importance of service offerings. The sale will reduce complexity and positively impact Billerud's EBITDA margin.
Source: pulpapernews.com