Krogerus advises Stora Enso on its acquisition of Junnikkala Oy

Krogerus advised Stora Enso on its acquisition of Junnikkala Oy, a Finnish sawmill company. Junnikkala Oy is a Finnish producer of sawn timber and processed wood products for domestic and export markets. It operates three sawmills in Finland including its new state-of-the-art sawmill, less than 10 kilometres from the Stora Enso Oulu site.

The acquisition aims to secure wood supply to Stora Enso’s packaging board site in Oulu, Finland, and to support Stora Enso’s wood products business with new production assets. The transaction is subject to customary closing conditions including regulatory approvals, and it is expected to close in the first half of 2025.

The Krogerus team was led by Partner Sami Martola and he was primarily assisted by Counsel Anna Talvitie, Senior Associate Jenna Hallikainen and Associate Niclas Ruotsalainen, Tiina Jauhiainen, Thelma Krankkala, Saara Kinnunen, Aarni Mononen and Riku Toivio.

Partner Leena Lindberg led the Krogerus competition law team and she was primarily assisted by Counsel Minna Siekkinen and Associate Jonni Tiainen.