Dunapack Packaging, part of the Austrian Prinzhorn Group, has entered into an agreement with Stora Enso to take over its German corrugated packaging operations. The transaction is subject to merger clearance with an expected closing in the course of 2026.
The transaction comprises the companies Gaster Wellpappe, Wellpappe Sausenheim and PTI including its facilities in Southwestern Germany. With around 350 employees, a turnover of approximately €74m was achieved in 2025.
“The transaction marks a further important step in the growth strategy of Dunapack Packaging aiming to increase its geographical footprint and will additionally foster our paper integration rate within the Group,” comments Gerald Prinzhorn, CEO, Prinzhorn Group.
“We are excited to serve our existing and new customers with the best of our proven service quality by benefitting from our integrated business model with Hamburger Containerboard Division. The expertise of our new colleagues will be a great addition and we are looking forward to welcoming them in our Group”, says Max Hölbl, Chairman, Dunapack Packaging.
