Scheufelen to be sold to Paper Excellence B.V.

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Papierfabrik Scheufelen is to be sold to Dutch Paper Excellence B.V., an affiliate of the Asian Sinar Mas Group, for a consideration of €38.5m. The owner of Papierfabrik Scheufelen, Finnish company Powerflute Oy, informed its shareholders of the divesture and the corresponding disposal of its entire graphic papers ...

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