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…