Articles by topic » Mutares

Sale of insolvent paper manufacturer Zanders wrapped up

30 Nov 2018 − On 1 December, the newly founded “Zanders-Paper GmbH” will take over the Zanders site in Bergisch Gladbach (near Cologne). The company will continue to operate, albeit with a workforce reduced by one third.» more

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German speciality paper and board company Zanders placed in administration

05 Sep 2018 − The motion for debtor-in-possessions proceedings has been withdrawn after the preliminary committee of creditors rejected the restructuring concept, explained Zanders' parent Mutares.» more

Zanders to start self-managed debt restructuring

26 Jun 2018 − The rise in raw material and energy costs and the ongoing high costs of its company pension obligations have forced Zanders to apply for self-managed debt restructuring. A restructuring plan is to be presented in around...» more