UPM sells Schwedt paper mill to Leipa

Leipa expects total investment volume of €200m

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Leipa Georg Leinfelder has signed an agreement with UPM to acquire UPM’s Schwedt paper mill and relevant assets. The purchase price is €70m, according to the two companies. The transaction still requires approval from competition authorities. Leipa says it wants to convert the mill, which currently makes ...

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