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Billerud divests Managed Packaging; reveals fungal infection impact

Paper and packaging group Billerud has agreed a divestment of its Managed Packaging business unit to investment company Mimir Group.

United statesChristoph michalskiBillerud escanabaManaged packagingSweden headquartered billerud

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.

United statesChristoph michalskiMimir groupNorth americaManaged packaging

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 michalskiSolutions otherCustomised packaging solutionsMimir groupManaged packagingBillerud has agreed with mimir group abouta divestment of managed packaging

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.

United statesChristoph michalskiMimir groupSolutions otherManaged packaging

Billerud to Sell Its Managed Packaging Business Unit to Mimir Group

Billerud to Sell Its Managed Packaging Business Unit to Mimir Group
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United statesChristoph michalskiSolutions otherMimir groupSell its managed packaging business unitManaged packaging

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