Fedrigoni to divest paper and security business in Brazil

|
|

The transaction is expected to be completed in the coming months, accoding to Fedrigoni.

Fedrigoni is considering selling off its paper and security business in Brazil. The company has "made progress to finalise" the divestment and the transaction is expected to be completed "in the coming months," said Fedrigoni in its H1 2020 report.

The Salto mill, which Fedrigoni purchased from Arjowiggins in 2015, has a production capacity of 20,000 tpy of banknote and security papers.

<spanTimes New Roman"" lang="EN-GB">

EUWID Pulp and Paper keeps busy professionals up-to-date on the latest news from international pulp and paper markets.

Test EUWID Pulp and Paper free of charge and without any obligation by clicking here, or consider subscribing to our print and digital products for full access to company news and market reports.

- Ad -

Article topics
Article categories
- Ad -