Announced
Completed
Synopsis
Dansk Træemballage is a manufacturer of wooden packaging, has completed the acquisition of AB Karl Hedin Emballage, a sawmill, packaging, and trading group with operations in Sweden. Financial terms were not disclosed. “We are pleased that Karl Hedin Emballage will become part of the DTE group. We are impressed by its personnel and their competence and pride in the company’s products and brand. We share many similarities between the companies and welcome the employees to DTE. The products of Karl Hedin Emballage, with a high share of specialty packaging, complement our existing business, and together we create an even stronger group with improved capabilities to serve our customers,” Peter Jensen, DTE shareholder and Chairman of the Board.
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