Billerud gets approval for UPM takeover
date:May 24, 2012
has been hailed by the company of securing it a number of strategic advantages in terms of raw material pricing, packaging offerings and foreign currency.

The acquisition strengthens our offering in packaging paper and provides us with a strong platform for the further development of smarter packaging solutions,said Per Lindberg, president and CEO of Billerud.Also, the acquisition sharply reduces our pulp exposure as we will purchase an annual pulp volume corresponding to around 85% of Billerud
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