Powerflute acquires 10% stake in Kotkamills

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Corrugated case material manufacturer Powerflute has acquired a 10% share in Finnish speciality paper manufacturer Kotkamills. Kotkamills‘ parent company, the investment firm Open Gate Capital, sold the minority stake at an undisclosed price by issuing Kotkamills shares amounting to 10% of the extended company. In a ...

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