SCA Finalizes Sale of UK/Ireland Corrugated Business
Sept. 30, 2008 - SCA said that it has finalized the sale of its conventional corrugated business in the UK and Ireland to Spain's SAICA. The deal was first announced in June.
The all cash sale price was GBP 100 million (approx. US$430 million).
SCA said that it will retain and continue to develop its specialized value-added packaging operations in the UK and Ireland.
See related stroy:
» SCA to Sell UK/Ireland Corrugated Busniness to SAICA (6/20)