Stora Enso has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group, announced in September 2022. Closure of the transaction is still ongoing and expected to be finalised at the beginning of 2023.
https://www.storaenso.com/en/newsroom/regulatory-and-investor-releases/2022/12/stora-enso-received-approval-for-the-acquisition-of-de-jong-packaging-group
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Cascades is pleased to continue supporting efforts to fight effects of the pandemic. In addition to providing essential products on a daily basis that help meet the needs of Cascades' customers and consumers, the Company has donated more than 150,000 boxes over the course of 2020 to non-profit organizations that are working to respond to the needs of people who are most vulnerable during the COVID-19 emergency. "Cascades has always been committed to helping and being involved in the communities where we do business. The difficult times we are all experiencing have only made this commitment more important," said Mario Plourde, President and Chief Executive Officer of Cascades. "Every year, Cascades provides over 50,000 cardboard boxes to food banks, community organizations and other aid initiatives. Given the current situation, we have tripled these donations to help with the even greater need for transport, storage and delivery of essential food supplies to individuals who are most affected by the crisis. Since the beginning of the pandemic, Cascades has donated more than 150,000 boxes to approximately one hundred community organizations primarily involved in emergency food assistance."