September 2, 2019
The daily brief: 2 September 2019
Stora Enso's sustainable packaging solution for Finnish artisan ice cream manufacturer Vanhan Porvoon Jäätelötehdas has been awarded a Scanstar.
All the daily Finnish business news that works: Mind Your Rights, Iivari Mononen Group, Planeetta Internet and Stora Enso make headlines.
Finnish companies Mind Your Rights and Planeetta Internet have changed ownership, Iivari Mononen Group has strengthened its position by acquiring Norwegian company Solør Agrotre, and Stora Enso‘s sustainable packaging has won a Scanstar award.
Finnish copyright organisation Teosto has sold a majority stake in Mind Your Rights to German IT company NK Digital Solutions. Mind Your Rights was established by Teosto in 2017 to develop the global live music copyright licensing platform Concertify. Following the acquisition, NK Digital Solutions will have a 51.35 per cent share in Mind Your Rights, with Teosto holding the remaining shares.
Linkedin/Mind Your Rights
Finland’s Iivari Mononen Group has acquired Solør Agrotre, a Norwegian company specialised in providing treated wood products to agricultural and consumer markets in the Nordics and Western Europe. In 2018, Solør Agrotre reported a turnover of 96.3 million Norwegian krones (approx. 9.7 million euros). It has 29 employees and will continue to operate from Kirkenær, Norway, following the acquisition.
Iivari Mononen Group
Planeetta Internet has been acquired by Sweden’s Loopia Group. The Finnish company offers cloud-driven web-hosting solutions to companies, and will give Loopia Group a strong market position in Finland, along with a broader product and services suite. Planeetta Internet has 20 000 customers, and its 36 employees are based in the Finnish cities of Helsinki, Joensuu and Rovaniemi.
Stora Enso’s packaging solution for the Finnish artisan ice cream manufacturer Vanhan Porvoon Jäätelötehdas has won a Scanstar award from the Scandinavian Packaging Association. Used to replace plastic and metal containers, the corrugated packaging is made from 95 per cent renewable materials and features a PET film barrier approved for food contact.
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