Strategic Acquisition of Kinnareds Well
Acquisition
Updated:
Apr 25, 2022
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Relyon has completed a strategic acquisition of Kinnareds Well, a leading Scandinavian producer of single face corrugated cardboard. Finalized on April 25, 2022, this acquisition marks a strategic milestone as Relyon enters a new segment.
Kinnareds Well provides single face corrugated cardboard products for a wide range of protective applications, excelling in delivering eco-friendly and tailored solutions primarily throughout Scandinavia. The company is headquartered in Sweden.
Peter Syrén, CEO of Kinnareds Well, commented on the partnership with Relyon, stating, "Being part of a robust group like Relyon is an important next step in our growth journey, aiming for extended market reach, continued product innovation, and outstanding customer satisfaction."