Stora Enso acquires Virdia in (up to) $62M deal

For $33M upfront and $29M in incentives for meeting milestones — Stora Enso acquires renewable sugars pioneer Virdia — the former HCL CleanTech — as the Finnish giant hones its biobased strategy

We look at the Virdia story, and Stora Enso — in search of The Bottom Line. In Finland, Stora Enso…

Full text: http://www.biofuelsdigest.com/bdigest/2014/06/23/stora-enso-acquires-virdia-in-up-to-62m-deal/

Author

Jim Lane

Source

Biofuels Digest, 2014-06-23.

Supplier

Burrill & Company
European Commission
HCL CleanTech Ltd
Khosla Ventures
Neste Oil
Stora Enso
Virdia

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