Blue Motion Technologies Holding acquired the mill last year
The Crèvecoeur paper mill in France, which investment company Blue Motion Technologies Holding acquired last year, is to be liquidated. According to several regional media reports, the Nanterre commercial court ruled on 16 January that the mill will be liquidated and be closed by the end of January. It was only last year that the Swiss investment company took over the plant.
The Crèvecoeur mill is located in Jouy-sur-Morin in the Northern French department of Seine-et-Marne and produces security and banknote paper.
This article is part of our free coverage on paper markets in Europe.