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Favini acquires Sequana’s casting paper division

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Published in issue 46/2013
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Sequana has sold the casting paper division of Arjowiggins to Italian Favini Srl for a price of €26.5m. The sale concerns 25 production employees at Arjowiggins’s Stoneywood mill in Aberdeen as well as 15 sales staff. The division sold produces 9,000 tpy of casting paper for the production of synthetic leather, ...

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