Acquisitions and divestments

Major acquisitions and divestments since the public listing of Billerud in 2001.

Date	Type	Country	Company	Press release
27 February, 2004	Acquisition	United Kingdom	Henry Cooke Ltd (Beetham mill)	Acquisition of Henry Cooke finalized
17 April, 2008	Acquisition	Lithuania	Cebeco Mediena Uab	Billerud Skog acquires purchasing company in Lithuania
21 July, 2011	Acquisition	USA	Paccess LLC	Investment extends Billerud’s packaging solutions to Asia
1 June, 2012	Acquisition	Finland	UPM’s packaging paper operations at Pietarsaari and Tervasaari	Completion of the acquisition of UPM’s packaging paper operations
29 November, 2012	Acquisition	Sweden	Korsnäs AB	The combination between Billerud and Korsnäs is now completed and BillerudKorsnäs is formed
1 July, 2015	Divestment	Latvia	SIA Latgran	The sale of BillerudKorsnäs’ Baltic pellets operations SIA Latgran to AS Graanul Invest completed
14 April, 2016	Acquisition	Sweden	Scandfibre Logistics AB	–
10 February, 2017	Divestment	Latvia	SIA Freja	–
23 May, 2018	Acquisition	Sweden	Fastighets AB Marma Skog 31	–
31 May, 2019	Acquisition	Sweden	Bergvik Skog Öst AB	BillerudKorsnäs has completed the acquisition of Bergvik Skog Öst
24 June, 2019	Divestment	Sweden	Bergvik Skog Öst AB	BillerudKorsnäs sells a majority stake in Bergvik Skog Öst
31 October, 2021	Divestment	United Kingdom	Beetham mill	BillerudKorsnäs divests the Beetham mill
31 March, 2022	Acquisition	USA	Verso Corporation	BillerudKorsnäs completes acquisition of Verso
1 september, 2023	Divestment	USA	Managed Packaging	Billerud divests Managed Packaging to Mimir Group

See also