Divestment - Papermart

Papermart

Tag : Divestment

News

Canfor Pulp Appoints Stephen Mackie as New President and CEO

desk4
With almost twenty years of experience at Canfor Pulp and 30 years in the forest products industry, Stephen Mackie is a proven executive with an extensive background in operations. Oct 16, 2024 Canfor Pulp has announced that Stephen Mackie has been appointed President and Chief Executive Officer of Canfor Pulp......
News

Ahlstrom to Sell Aspa Pulp Mill to Sweden Timber

desk4
The transaction is expected to be completed during the fourth quarter of 2024. This divestment allows Ahlstrom to focus on its specialty materials portfolio.  Oct 16, 2024 Ahlstrom, a global company in fiber-based specialty materials, has signed an agreement to divest its Aspa pulp mill in Sweden to Sweden Timber,......
News updates

Sappi to Sell Three European Graphic Paper Mills

desk3
The enterprise value of the sale amounts to approximately EUR 272 million. The proceeds will be used to reduce debt further and continue to increase Sappi’s focus on the identified growth segments. October 6, 2022 Sappi Ltd. has concluded an agreement with Aurelius Investment Lux One Sàrl regarding the divesture......
News updates

Stora Enso to Divest its Maxau mill site to Schwarz Produktion

desk3
Following the divestment, Schwarz is planning to keep up the paper production at the Maxau mill site. For the time being, Stora Enso will manage the mill and serve its supercalendered paper (SC) customers until the closing of the deal. September 29, 2022 Stora Enso has inked a contract with......
News updates

Stora Enso Planning to Divest Four of its European Paper Mills

desk3
The four Stora Enso production sites are subject to divestment either in one or a series of transactions. The Langerbrugge site in Belgium, which produces recycled newsprint and recycled supercalendered magazine grades, will be retained in the Group. March 30, 2022 Finland-headquartered Stora Enso has initiated a sales process as......
News updates

Mayr-Melnhof to Divest its Eerbeek and Baiersbronn Virgin Fiber Cartonboard Mills

admin
The divestment is in tandem with and is a major part of the company’s strategy to focus on new acquisitions and the growth CapEx. August 05, 2021 The Mayr-Melnhof Group and a subsidiary of funds managed by Oaktree Capital Management, L.P. have reached a firm intention on the sale of......