Filed by Stora Enso Oyj
Pursuant to Rule 425 under the
Securities Act of 1933 and deemed
filed pursuant to Rule 14a-12 of the
Securities Exchange Act of 1934
Subject Company: Consolidated Papers, Inc.
Commission File No. 001-11359
We urge you to read the Proxy Statement/Prospectus dated July 26, 2000, which
Stora Enso has filed with the Securities Exchange Commission as part of a
Registration Statement, because it contains important information. The Proxy
Statement/Prospectus was sent on or about July 28, 2000 to stockholders of
Consolidated Papers, Inc. seeking their approval of the proposed merger of
Consolidated Papers with a subsidiary of Stora Enso. You may obtain a free copy
of the Proxy Statement/Prospectus and other documents filed by Consolidated
Papers (as well as certain documents filed by Stora Enso) with the Commission at
the Commission's web site at www.sec.gov. Stora Enso's Registration Statement on
Form F-4 (File No. 333-12342) may also be obtained from the Commission's public
reference room located at 450 Fifth Street, NW, Washington, D.C. 20549 or at one
of the Commission's other public reference rooms in New York, New York and
Chicago, Illinois. Please call the SEC at 1-800-SEC-0330 for further information
on the public reference rooms. The Registration Statement, including documents
incorporated by reference therein, may also be obtained from Stora Enso by
contacting Stora Enso Oyj, Attention: Maija Harsu, Investor Relations,
Kanavaranta 1, P.O. Box 309, FIN-00101 Helsinki, Finland, and/or Consolidated
Papers, Inc. by contacting Consolidated Papers, Inc., Attention: Tim Laatsch,
Corporate Communications, 231 First Avenue North, P.O. Box 8050, Wisconsin
Rapids, Wisconsin 54495-8050. Consolidated Papers, Inc., its directors,
executive officers and certain other members of Consolidated Papers management
and employees may be soliciting proxies from Consolidated Papers shareholders in
favor of the transaction. Information concerning the participants is set forth
in the Proxy Statement/Prospectus.
* * *
The following press release was issued by Stora Enso Oyj on
August 9, 2000.
Stora Enso announces its North American organisation
Stora Enso's operations in North America will come under a new division Stora
Enso North America led by Kai Korhonen, SEVP and a member of Stora Enso's
Executive Management Group. Kai Korhonen will report to Bjorn Hagglund, Deputy
CEO.
Stora Enso North America will consist of two key business units: Magazine Papers
manufacturing LWC (Light Weight Coated) and SC (Super Calendered) papers and
newsprint; and Fine Papers, manufacturing fine papers, speciality papers and
paperboard. Stora Enso's Canadian Port Hawkesbury mill, which manufactures
newsprint and SC papers will become part of the Magazine Paper business unit.
The combined North American Division's annual sales are anticipated to total
about EUR 2,6 billion (pro forma 1999) and its combined capacity of paper and
board will be approximately 2.7 million metric tons. Within its 12 manufacturing
and converting operations and 25 sales offices, the North American Division will
employ approximately 7,600 people.
The North American Management Group will consist of the following people:
Mr Ronald Swanson, SVP, Magazine Papers, Mr Aulis Ansaharju, SVP, Fine Papers,
Mr Peter Mersmann, SVP, Marketing and Sales, Mr Sten Holmberg, SVP, Accounting
and Legal affairs, Mr Asko Hyttinen, SVP, Divisional Planning, Mr Gary
Parafinczuk, SVP , Human Resources, and Mr Tim Laatsch, SVP Communications.
Stora Enso North America's financial results will be reported in accordance with
the current Stora Enso product areas: magazine paper, newsprint, fine paper,
packaging boards, timber products, and market pulp.
The organisation and appointments are subject to the successful completion of
Stora Enso's acquisition of Consolidated Papers.
For further information please contact:
Kari Vainio, Stora Enso Oyj, Executive Vice President, Communications and
Investor Relations, tel. +358 2046 21393 or
Tim Laatsch, Consolidated Papers, Inc., Vice President, Corporate
Communications, tel. +1 715 422 4023.
Stora Enso Oyj, one of the world's leading forest products companies, is listed
on the Helsinki and Stockholm stock exchanges. Stora Enso focuses on the
production of magazine papers, newsprint, fine papers and packaging board. The
Group holds a leading global position in these product areas. Stora Enso also
conducts extensive sawmilling operations. Stora Enso has annual sales of
approximately EUR 10.5 billion, with some 40,000 employees in more than 40
countries.
