Papeterie de Saint-Michel sold to JTH Groupe Thiollet

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French containerboard producer Papeterie de Saint-Michel has found a buyer, saving it from closure. On 15 March the commercial court of Angoulême issued its approval for the takeover of the paper mill, which belongs to Papeterie de Veuze, by the packaging company JTH Groupe Thiollet, which had submitted a last-minute ...

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