Dansk Træemballage completed the acquisition of AB Karl Hedin Emballage.

Dansk Træemballage, a manufacturer of wooden packaging, completed the acquisition of AB Karl Hedin Emballage, a sawmill, packaging, and trading group. Financial terms were not disclosed. ”For some time I have been seeking a new ownership for the packaging company. An important aspect has been to find a capable and solid owner who can continue to develop the company for the future. We have found that owner in DTE with Peter Jensen as shareholder and Chairman of the Board. This ensures that the company will continue to operate as a family owned business, which feels very reassuring to me,” Karl Hedin, Majority Owner of AB Karl Hedin Emballage.